SAM Syndicate

 
TIDMSAM 
 
For immediate release: 0700hrs 15 September 2010 
 
                        Syndicate Asset Management Plc 
 
                  ("Syndicate", the "Company" or the "Group") 
 
                                 AGM statement 
 
At today's Annual General Meeting ("AGM") of Syndicate Asset Management Plc 
(AIM: SAM), the fund management group, Syndicate's Chairman, Peter Dew, will 
make the following comments to shareholders: 
 
"I am delighted to report that the Group continues to perform strongly. 
Following the highly positive first quarter which was discussed in Syndicate's 
last trading update, the underlying improvement has continued into the first 
two months of the second quarter. In particular, our profit before tax for the 
first five months of the year is ahead of management's current budget and well 
ahead of the equivalent period last year. This gathering of momentum, which is 
the result of last year's restructuring programme, is now allowing the Group to 
expand its operations in a controlled and cost efficient manner." 
 
-Ends- 
 
Further information: 
 
Syndicate Asset Management plc 
 
Jonathan Freeman (Group CEO) Tel: 020 7659 8060 
 
Cenkos Securities plc 
 
Stephen Keys/Julian Morse Tel: 020 7397 8900 
 
GTH Communications 
 
Toby Hall/Christian Pickel Tel: 020 3103 3903 
 
 
 
END 
 

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