Directors' Notification of Dealing in Shares

Man(ED & F) Group PLC
1 September 2000


Notification is given pursuant to Chapter 16.13 of the Listing Rules, that on
1st September 2000 the interests of the E D & F Man Group 1990 Employee Trust
('the Employee Trust') registered in the name of E D & F Man Employee
Investments (Jersey) Ltd a/c 13071 A/B in the share capital of the company
have been reduced by 165,924 shares to 1,845,284 ordinary shares as a result
of the transfer on that date of 165,924 ordinary shares to beneficiaries of
the Employee Trust Share Option Scheme established by the Employee Trust for
the benefit of full time employees of the company (or any subsidiary).  The
exercise price payable to the Employee Trust for options granted under the
scheme is 140p per ordinary share. 

Furthermore, on the same day, the security interest of the Employee Trust was
reduced by 9,235 shares (for nil consideration).  The Employee Trust now has a
security interest over 1,216,450 shares.

Executive Directors of the company are deemed to be interested in the
1,845,284 shares held by the Employee Trust and the 1,216,450 shares over
which the Employee Trust holds a security interest.