Director Shareholding

Man Group PLC
17 January 2002


Notification is given pursuant to Chapter 16.13 of the Listing Rules, that on
17th January 2002, the security interest of the Employee Trust was reduced by
321,983 shares (for nil consideration).  The Employee Trust now has a security
interest over 647,758 shares.

Executive Directors of the company are deemed to be interested in the
1,313,458 shares held by the Employee Trust and the 647,758 shares over which
the Employee Trust holds a security interest.