Holding(s) in Company

Man Group plc 23 January 2007 TR-1: notification of major interests in shares 1. Identity of the issuer or the underlying Man Group plc issuer of existing shares to which voting rights are attached: 2. Reason for the notification Initial Disclosure under Transparency and Disclosure Rules 3. Full name of person(s) subject to the Baillie Gifford & Co notification obligation: 4. Full name of shareholder(s) (if different from 3.): 5. Date of the transaction (and date on which 19 January 2007 the threshold is crossed or reached if different): 6. Date on which issuer notified: 22 January 2007 7. Threshold(s) that is/are crossed or reached: 5% 8. Notified details: A: Voting rights attached to shares Class/type of Situation previous Resulting situation after the triggering shares to the Triggering transaction transaction if possible using the ISIN Number of Number Number Number of voting % of voting rights CODE Shares of of rights Voting shares Rights Direct Direct Indirect Direct Indirect Ordinary Share N/A N/A 95,942,538 5.10 GB00B16BRD58 B: Financial Instruments Resulting situation after the triggering transaction Type of financial Expiration Exercise/ Number of voting % of voting instrument date Conversion Period/ rights that may be rights Date acquired if the instrument is exercised/ converted. N/A Total (A+B) Number of voting rights % of voting rights 95,942,538 5.10 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: In the narrative below, the figures in ( ) indicate the amount of voting rights and the percentage held by each controlled undertaking where relevant. Baillie Gifford & Co, a discretionary investment manager, is the parent undertaking of an investment management group. Its wholly-owned direct subsidiary undertaking Baillie Gifford Overseas Limited (2,592,163; 0.1%) is also a discretionary investment manager. Its wholly-owned direct subsidiary undertaking Baillie Gifford Life Limited (20,403,047; 1.1%) is a life assurance company which procures discretionary investment management services from Baillie Gifford & Co in respect of its own account shareholdings. Its wholly-owned indirect (via Baillie Gifford Life Limited) subsidiary undertaking Baillie Gifford & Co Limited (3,377,376; 0.2%) is an OEIC Authorised Corporate Director and Unit Trust Manager which has delegated its discretionary investment management role to Baillie Gifford & Co. Proxy Voting: 10. Name of the proxy holder: N/A 11. Number of voting rights proxy holder will cease to hold: 12. Date on which proxy holder will cease to hold voting rights: 13. Additional information: 14. Contact name: Barry Wakefield 15. Contact telephone number: 020 7144 1735 This information is provided by RNS The company news service from the London Stock Exchange

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Man Group (EMG)
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