Director/PDMR Shareholding

Man Group plc
16 January 2006


Notification is given pursuant to Disclosure Rule 3.1.4R(1)(a) and Section 328
Companies Act 1985 (Disclosure Rule 3.1.4R(1)(b)) that on 16th January 2006 the
security interest of the Employee Trust was decreased by 228,631 shares for nil
consideration. The Employee Trust now has a security interest over 320,005
shares.

Executive Directors of the Company are deemed to be interested in the 320,005
shares over which the Employee Trust holds a security interest.



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