AGM Statement

Man Group plc
12 July 2005


12 July 2005


AGM and Quarterly Funds Under Management Statement


Harvey McGrath, Chairman of Man Group plc, will make the following comments at
today's Annual General Meeting.

AGM Statement

'Group funds under management have increased from $43.0 billion at the end of
March, to about $43.5 billion at today's date, after taking into account adverse
currency translation impacts of $0.6 billion (reflecting recent Euro weakness
against the US$).  Since March, overall investment performance has continued to
be positive, with AHL* up 5%.  The Group's Brokerage business, Man Financial,
has started the year well and has seen good volumes in the first quarter,
particularly in June.

The Board remains confident of the Group's prospects for the year.'


First Quarter FUM Statement

Sales in the three months to 30 June 2005 were $1.6 billion of which Man's
global launch, Man AP Enhanced Series 2 Ltd, accounted for $0.7 billion.  Joint
venture sales accounted for $0.2 billion.  Other private investor sales, mainly
relating to open-ended funds, accounted for $0.2 billion.  Institutional sales
in the quarter were $0.5 billion.  Performance added $0.2 billion and net
movements in the leverage on prior year sales added around $0.4 billion.

The split of funds under management is private investor $26 billion (31 March
2005: $25.3 billion) and institutional $17.5 billion (31 March 2005: $17.7
billion). Redemptions totalled $1.2 billion, of which private investor were $0.7
billion.  The most recent global launch, MGS Diversified Opportunities Ltd,
raised $0.2 billion but will not start trading until late July - it is therefore
not included in the above figures for the first quarter.


*As represented by the performance of Athena Guaranteed Futures Ltd in the three
months to 30 June 2005.


Enquiries

Man Group plc                     020 7144 1000
Peter Clarke
David Browne


Merlin                            020 7653 6620
Paul Lockstone                    07876 685200
Lachlan Johnston                  07989 304356





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 3,000 people in 15 countries, with key centres in London,
Pfaeffikon (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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