Result of Placing

Man Group plc
17 November 2005



   THE INFORMATION CONTAINED HEREIN IS RESTRICTED AND IS NOT FOR PUBLICATION,
RELEASE OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE
                                 UNITED STATES


                                 Man Group plc
                         ('Man Group' or the 'Company')


17 November 2005


This announcement does not and these materials do not constitute an offer to
sell or issue or the solicitation of an offer to buy or subscribe for ordinary
shares in the capital of the Company (the 'Placing  Shares')  in the United
States, Canada, Australia, Japan, South Africa  or in any jurisdiction in which
such offer or solicitation is unlawful and the information contained herein is
not for publication or distribution, directly or indirectly, to persons in the
United States, Canada, Australia, Japan, South Africa  or any jurisdiction in
which such publication or distribution is unlawful.


Result of Placing


Man Group is pleased to announce that, further to this morning's announcement of
a proposed Placing, 7,447,804 new ordinary shares of  US$0.18 each have been
successfully placed by Merrill Lynch International ('Merrill Lynch'). Following
the accelerated bookbuilding process, the Placing Price has been set at 1700
pence per share, raising approximately £125 million, net of expenses.


ENQUIRIES:


Man Group plc:                                              Tel: [phone]
Stanley Fink, Chief Executive


Merrill Lynch:                                                Tel: [phone]
Simon Fraser
Oliver Greaves
Derek Ross


The Placing Shares will be credited as fully paid and will rank equally in all
respects with the existing ordinary shares ofUS$0.18  each in the share capital
of Man Group, including the right to receive all dividends and other
distributions declared, made or paid after the date of issue of the Placing
Shares. Application has been made to the Financial Services Authority (the 'FSA
') for the Placing Shares to be admitted to the official list maintained by the
FSA, and for such shares to be admitted to trading by the London Stock Exchange
plc on its market for listed securities. This announcement does not constitute
an invitation to underwrite, subscribe for or otherwise acquire or dispose of
any Placing Shares. Past performance is no guide to future performance and
persons needing advice should consult an independent financial adviser.


This announcement is not for distribution, directly or indirectly, in or into
the United States. This announcement is not an offer of Man Group Shares for
sale into the United States. The Man Group Shares have not been and will not be
registered under the U.S. Securities Act of 1933 and may not be offered or sold
in the United States unless they are registered or exempt from registration.
There will be no public offer of Man Group Shares in the United States.


Merrill Lynch is acting for Man Group  in connection with the Placing and no one
else and will not be responsible to anyone other than Man Group for providing
the protections afforded to clients of Merrill Lynch nor for providing advice in
relation to the Placing.


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