Syncora Holdings Ltd. Announces Outcome of Special General Meeting of Series A Perpetual Non-Cumulative Preference Shareholders

Jan 26, 2010, 17:50 ET from Syncora Holdings Ltd.

NEW YORK, Jan. 26 /PRNewswire-FirstCall/ -- Syncora Holdings Ltd. (the "Company") announced that, because of the absence of a quorum, no action was taken at the special general meeting called today for holders of its Series A Perpetual Non-Cumulative Preference Shares. The meeting had been called to facilitate the exercise by holders of these shares of their right to elect two additional members of the Company's Board of Directors due to the Company's failure to pay dividends on the shares for six quarterly periods.

About Syncora Holdings Ltd.

Syncora Holdings Ltd. (OTC: SYCRF) is a Bermuda-domiciled holding company. For more information, please visit www.syncora.com.

    Investor and Media Contact:
    Michael Corbally
    +1 212-478-3400
    michael.corbally@scafg.com

SOURCE Syncora Holdings Ltd.



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