Bonds of Forester Limited

Man Group plc
26 July 2006


                                 MAN GROUP PLC

   Issue of shares in exchange for Guaranteed Exchangeable Bonds of Forester
                                    Limited

Application has been made to the UK Listing Authority for the admission of
11,864,652 new ordinary shares of 18 US cents each in Man Group plc to the
Official List and to the London Stock Exchange for these shares to be admitted
to trading. The application is being made in respect of shares to be issued in
exchange for Guaranteed Exchangeable Bonds of Forester Limited.




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