Trading Statement

Man Group PLC
30 September 2003


30 September 2003

Pre-Close Trading Update


Man Group plc ('Man Group'), the global provider of alternative investment
products and futures broker, is today hosting a presentation by senior
management for analysts and investors on the Man Investments business. At
today's presentation Stanley Fink, the Chief Executive of Man Group, will make
the following comments:

'Demand for our fund products has continued to be strong, and the increase in
funds under management due to sales in the six months to 30 September 2003 was
over $5.0 billion. Man Group funds under management at today's date are
estimated to be over $30 billion, up from $26.7 billion at 31 March 2003 and
include $12.5 billion for RMF at 30 September, up from $11.1 billion at 31
March. These figures do not include the latest launch, Man Global Strategies
Diversified Ltd, which will close in early October.

Net management fee income* will be up by 50% on the first six months to 30
September 2002, reflecting the increased level of funds under management. Net
performance fee income* will be only slightly lower than last year. Brokerage
net income* (excluding exceptional items) will be up at least 50% reflecting the
continued recruitment of producer teams, active markets and the successful
integration of GNI, which has now been substantially completed. Fully diluted
underlying earnings per share** are expected to be up over 40%.'

Man Group will announce its interim results on 6 November 2003.

There will be a dial-in for the Investor Presentation, which begins at 9am
today. Details are as follows:

UK Dial in number                     020 8996 3920
Pass Code                             C664520
UK Replay number                      01296 618 700
Pass Code                             762277

US Dial in number                     888 339 2688
Pass Code                             C664520
US Replay number                      888 286 8010
Pass Code                             27289240

* Before goodwill amortisation
** Underlying earnings per share represents earnings from net management fee
income in Asset Management plus Brokerage net income (it therefore excludes net
performance fee income in Asset Management, Sugar Australia, goodwill
amortisation and exceptional items).


Enquiries
Man Group plc               020 7285 3000
Peter Clarke
David Browne

Merlin Financial            020 7606 1244
Paul Downes                 07900 244 888
Paul Lockstone              07876 685 200
Vanessa Maydon              07802 961 902


Notes to Editors

About Man Group plc
Man Group plc is a leading global provider of alternative investment products
and solutions as well as one of the world's largest futures brokers. The Group
employs over 2,500 people in 15 countries, with key centres in London, Pfaffikon
(Switzerland), Chicago, New York, Paris, Singapore and Sydney. Man Group plc is
listed on the London Stock Exchange (EMG.L) and is a constituent of the FTSE 100
index. Further information on Man Group can be found at www.mangroupplc.com.


                      This information is provided by RNS
            The company news service from the London Stock Exchange