AGM Statement

Man Group plc
11 July 2006



11 July 2006

AGM and Quarterly Funds Under Management Statement

Harvey McGrath, Chairman of Man Group plc, will make the following comments at
today's Annual General Meeting.

AGM Statement

'Demand for our fund products has been very strong, both from private investors
and institutions. Sales in the period since year-end were over $5 billion. Group
funds under management have increased from $49.9 billion at the end of March, to
over $54 billion at 30 June. The Group's Brokerage business, Man Financial, has
started the year strongly and has seen record volumes in the first quarter. In
addition, Refco continues to contribute ahead of expectations at the time of its
acquisition. The Board remains very confident of the Group's prospects for the
year.'

First Quarter FUM Statement

Sales in the three months to 30 June 2006 were $5.3 billion of which Man's
global launch, Man IP 220 Ltd, accounted for $1.0 billion. Other private
investor sales accounted for $1.4 billion, of which $0.7 billion was from the
multiple regional offerings of the Man IP 220 product. Joint venture sales
accounted for $0.1 billion. Institutional sales in the quarter were $2.8
billion. Net movements in the leverage on prior year sales added around $0.5
billion along with positive FX of around $0.5 billion offset by negative
performance of around $0.5 billion. The split of funds under management is
private investor $32.5 billion (31 March 2006: $30.4 billion) and institutional
$21.5 billion (31 March 2006: $19.5 billion). Redemptions totalled $1.5 billion,
of which private investor were $0.6 billion. The most recent global launch, Man
AP Enhanced Series 3 Ltd, raised $0.6 billion but will not start trading until
mid-July - it is therefore not included in the above figures for the first
quarter.


Enquiries

Man Group plc             020 7144 1000
Peter Clarke
David Browne

Merlin                    020 7653 6620
Paul Downes               07900 244888


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 4,000 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.L) 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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