Statement re Refco

Man Group plc
05 November 2005

Man Group plc


Statement re  Refco


Man Group plc confirms that Man Financial, its Brokerage business, has submitted
a bid to acquire certain of the operations and assets of Refco Inc being
auctioned under the US bankruptcy process.



Contacts:

Peter Clarke                   Man Group plc            020 7144 1000

Paul Downes                    Merlin Financial         020 7653 6620


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