Holding(s) in Company

Man Group PLC
23 May 2003


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1. Name of company

Man Group plc


2. Name of shareholder having a major interest

We have been notified that Mr Rainer Marc Frey no longer has a notifiable
interest under Section 198 of the Companies Act 1985 in the issued share capital
of Man Group plc.


3. Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

In respect of shareholder named above.


4. Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

Mr Rainer Marc Frey


5. Number of shares / amount of stock acquired

N/A


6. Percentage of issued class

N/A


7. Number of shares / amount of stock disposed

571,289


8. Percentage of issued class

0.186%


9. Class of security

Ordinary shares of 10p each


10. Date of transaction

22 May 2003





11. Date company informed

23 May 2003


12. Total holding following this notification

8,833,794 shares


13. Total percentage holding of issued class following this notification

2.88%


14. Any additional information

N/A


15. Name of contact and telephone number for queries

Mr Barry Wakefield Tel [phone]


16. Name and signature of authorised company official responsible for making
this notification

Mr Peter Clarke


Date of notification


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