IPO Indicative Price Range

Man Group plc
21 June 2007


Man Group plc announces that an updated registration statement on the Form F-1
relating to the proposed initial public offering of MF Global Ltd. has today
been filed with the United States Securities and Exchange Commission. The
indicative initial public offering price is between US$36 and US$39 per MF
Global share. This level implies an indicative gross equity value for MF Global
Ltd. of between US$4.6 billion and US$5.0 billion.

A circular is being sent to Man Group plc shareholders to seek their approval to
dispose of a majority interest and up to 100 percent of its shares in MF Global
Ltd.

This notice does not constitute an offer of any securities for sale.

Enquiries

Man Group plc         020 7144 1000
Peter Clarke
David Browne

Merlin                020 7653 6620
Paul Downes
Lachlan Johnston



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

EN
IOEEAKKFAAEXEEE