AGM Statement

Man Group PLC
09 July 2003


9 July 2003

AGM STATEMENT

Harvey McGrath, Chairman of Man Group plc, the global provider of alternative
investment products and futures broker, will make the following comments at
today's Annual General Meeting.

'Group funds under management at today's date are estimated to be over
$30 billion. This total comprises over $18 billion for Man Investments excluding
RMF, up from $15.6 billion*, and $12.0 billion for RMF, up from $11.1 billion,
at 31 March 2003.

Demand for our fund products continues to be strong, both from private clients
and institutions, and 8 new products were launched during the quarter. The
increase in funds under management due to sales in the three months to 30 June
was around $3.6 billion with the majority of this coming from Man's two global
launches (Man Multi-Strategy Series 5 and Man AP Unison Series 1) which
accounted for $2.1 billion. The other $1.5 billion of increase in funds under
management in the quarter was equally split between joint venture, private
client and institutional sales with all three accounting for approximately 
$500 million each. Sales in the quarter were split 85% private client product
and 15% institutional product.

Man's brokerage division, Man Financial, also continues to perform well due to
active markets and the continued benefits we are seeing from the integration of
GNI.'

* For comparative purposes, this includes funds under management of $0.6 billion
in Westport, a private equity manager, which was acquired in April 2003. In
addition Westport advises on $1.1 billion.


Enquiries:

Man Group plc                 020 7285 3000
Peter Clarke
David Browne

Merlin Financial              020 7606 1244
Paul Lockstone
Vanessa Maydon


Notes to Editors

The next global launch will be Man Global Strategies Diversified Ltd, which will
be open for investment on 25 August 2003. This product will target medium-term
annualised growth of around 13-15% for an annualised volatility of around 7-8%
for both USD and EUR class bonds.

About Man Group plc
Man Group plc is a leading global provider of alternative investment products
and solutions as well as one of the world's largest futures brokers. The Group
employs over 2,500 people in 15 countries, with key centres in London, Pfaffikon
(Switzerland), Chicago, New York, Paris, Singapore and Sydney. Man Group plc is
listed on the London Stock Exchange (EMG.L) and is a constituent of the FTSE 100
index. Further information on the Man Group can be found at www.mangroupplc.com.







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