Grant of SAYE Share Option

Man Group PLC
5 October 2001


Schedule 11 - Notification of interests of Directors and Connected Persons

1   Name of company:
Man Group plc

2   Name of director:
Mr Stanley Fink

3   Please state whether notification indicates that it is in respect of     
holding of the director named in 2 above or holding of that person's spouse or
children under the age of 18 or in respect of a non- beneficial interest:
n/a

4   Name of registered holder(s) and, if more than one holder, the number of 
shares held by each of them (if notified):
n/a

5   Please state whether notification relates to a person(s) connected with  
the director named in 2 above and identify the connected person(s):
n/a

6   Please state the nature of the transaction. For PEP transactions please  
indicate whether general/single co PEP and if discretionary/non discretionary:
Grant of option under the terms of The Man Group Sharesave Scheme, an Inland
Revenue approved SAYE share option scheme which was approved by shareholders
on 11th July 2001.

7   Number of shares/amount of stock acquired:
n/a

8   Percentage of issued class:
n/a

9   Number of shares/amount of stock disposed:
n/a

10  Percentage of issued class:
n/a

11  Class of security:
ordinary shares of 10p each

12  Price per share:
n/a

13  Date of transaction:
n/a

14  Date company informed:
n/a

15  Total holding following this notification:
n/a

16  Total percentage holding of issued class following this notification:
n/a

If a director has been granted options by the company, please complete the
following fields:

17  Date of grant:
4th October 2001

18  Period during which or date on which exercisable:
period 1st November 2006 and 30th April 2007

19  Total amount paid (if any) for grant of the option:
nil

20  Description of shares or debentures involved: class, number:
2,268 ordinary shares at 10p each

21  Exercise price (if fixed at time of grant) or indication that price is to
be fixed at time of exercise:
744p per share

22  Total number of shares or debentures over which options held following
this notification:
2,268 shares under The Man Group Sharesave Scheme

23  Contact name for queries:
Mr Peter Clarke

24  Contact telephone number:
020 7285 3181

25  Name of company official responsible for making notification:
Mr Peter Clarke


Additional Information:
Mr Fink holds awards in respect of 468,612 matching shares and 191,106 shares
under the Performance Share Plan.  He also holds options over 75,716 shares
under the Man Group plc Unapproved Executive Share Option Scheme which was
approved by shareholders on 11th July 2001.