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Sgr & Frdlndr AIM 3 (VICT)

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Monday 22 March, 2004

Sgr & Frdlndr AIM 3

Directorate Change

Singer & Friedlander AIM 3 VCT PLC
22 March 2004

Singer & Friedlander AIM 3 VCT PLC

Due to other business commitments Mr David Lloyd has resigned from his position
as Non-Executive Director of the Company with effect from 19th March 2004.

The Company will be seeking suitable candidates for appointment over the coming
months.


                      This information is provided by RNS
            The company news service from the London Stock Exchange