MF Global - Pricing of IPO

Man Group plc
19 July 2007


19 July 2007

Man Group plc announces pricing of $3.8 billion MF Global IPO

Man Group plc today announces that the initial public offering of 97.4 million
shares of MF Global Ltd. has been priced at $30 per share raising total gross
proceeds of $2.9 billion. MF Global is the brokerage business of Man Group and
was formerly known as Man Financial. MF Global's common shares are expected to
begin trading today on the New York Stock Exchange under the ticker symbol 'MF'.

The 97.4 million shares represent approximately 80% of the outstanding share
capital of MF Global. Man Group has granted the underwriters an option to
purchase up to 9.7 million additional common shares of MF Global in the
offering.

As previously stated, subject to shareholder approval, the net proceeds of the
IPO will be distributed to shareholders in the fourth quarter of the calendar
year.

Simultaneously with the IPO of MF Global becoming effective, Kevin Davis, CEO of
MF Global, has stepped down from the Board of Man Group plc with effect from
today.

Peter Clarke, Group Chief Executive of Man Group plc said:

'The successful IPO of MF Global completes our strategy to focus on the Group's
leading position in alternative investment management.  We believe that this
focus, combined with our strengths across investment management, product
structuring and distribution will deliver attractive and innovative products for
our investors and continued strong returns for our shareholders.'

Enquiries
Man Group plc             020 7144 1000
Peter Clarke
David Browne

Merlin                    020 7653 6620
Paul Downes               07900 244888
Lachlan Johnston          07989 304356

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 4,500 people in 16 countries, with key centres in London,
Pfaeffikon (Switzerland), Chicago and New York. Man Group plc is listed on the
London Stock Exchange (EMG) and is a constituent of the FTSE 100 Index. Further
information on the Man Group can be found at www.mangroupplc.com.




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