Directors' Notification of Dealing in Shares

Man(ED & F) Group PLC
26 June 2000


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
E D & F Man Group plc

2   Name of director:
Mr Kevin Roger Davis

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
In respect of the director named above

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
Kevin Roger Davis                               386,584 shares
E D & F Man Executive Retirement Fund           280,500 shares
                                                -------
Total Shareholding :                            667,084 shares

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
In relation to director named above

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Purchase of shares

7   Number of shares/amount of stock acquired:
38,912 shares

8   Percentage of issued class:
0.015%

9   Number of shares/amount of stock disposed:
n/a

10  Percentage of issued class:
n/a

11  Class of security:
ordinary shares of 10p each

12  Price per share:
514p

13  Date of transaction:
23rd June 2000

14  Date company informed:
23rd June 2000

15  Total holding following this notification:
705,996

16  Total percentage holding of issued class following this notification:
0.277%

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
n/a

18  Period during which or date on which exercisable:
n/a

19  Total amount paid (if any) for grant of the option:
n/a

20  Description of shares or debentures involved: class, number:
n/a

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
n/a

22  Total number of shares or debentures over which options held following
this notification:
n/a

23  Contact name for queries:
Mr Peter Clarke

24  Contact telephone number:
020 7285 3181

25  Name of company official responsible for making notification:
Mr Peter Clarke





Additional Information:
In connection with the above purchase, Mr Davis has on 23rd June 2000 been
awarded 32,427 matching shares under the Group's Performance Share Plan,
subject to certain performance criteria set out in the Plan Rules.

In addition, Mr Davis already holds awards in respect of 88,862 shares under
the Performance Share Plan.  He also holds matching awards over 167,500 shares
which were granted under the Group's Coinvestment Plan prior to his
appointment as a director.

Furthermore, the E D & F Man Group 1990 Employee Trust ('the Employee Trust')
holds 2,926,908 ordinary shares and has a security interest over 1,322,086
shares.  Executive Directors of the Company are deemed to be interested in
shares held by the Employee Trust and shares over which the Employee Trust
holds a security interest.