Close Period Share Repurchase

Man Group plc
31 March 2005


Man Group plc     

Close Period Share Repurchase Programme

Man Group plc ('Man Group') announces today that it will commence an
irrevocable, non-discretionary programme to purchase Man Group Ordinary Shares
on its own behalf, for cancellation during its close period which commences on 1
April 2005 and ends on 25 May 2005.


Any acquisitions will be effected within certain pre-set parameters, and in
accordance with both Man Group's general authority to repurchase shares and
Chapter 15 of the Listing Rules, which requires that the maximum price paid be
limited to no more then 105 per cent of the average middle market closing price
of Man Group Ordinary Shares for the five dealing days preceding the date of
purchase.


For further information please contact:

Peter Clarke        020 7144 1000




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