Director Shareholding

Man(ED & F) Group PLC
29 September 2000


Notification is given pursuant to Chapter 16.13 of the Listing Rules, that on
29th September 2000 the interests of the E D & F Man Group 1990 Employee Trust
('the Employee Trust') registered in the name of E D & F Man Employee
Investments (Jersey) Ltd a/c 13071 A/B in the share capital of the company
have been reduced by 40,642 shares to 1,742,254 ordinary shares as a result of
the transfer on that date of 40,642 ordinary shares to beneficiaries of the
Employee Trust Share Option Scheme established by the Employee Trust for the
benefit of full time employees of the company (or any subsidiary).  The
exercise price payable to the Employee Trust for options granted under the
scheme is 140p per ordinary share.

Furthermore, on the same day, the security interest of the Employee Trust was
reduced by 14,615 shares (for nil consideration).  The Employee Trust now has
a security interest over 1,151,505 shares.

Executive Directors of the company are deemed to be interested in the
1,742,254 shares held by the Employee Trust and the 1,151,505 shares over
which the Employee Trust holds a security interest.