Man(ED & F) Group PLC
13 March 2000
Shareholders Approve Disposal of Agricultural Products
At the two Extraordinary General Meetings of E D & F Man Group plc held today,
all resolutions relating to the disposal of the Agricultural Products Business
were duly passed.
Completion of the disposal is expected to occur on 24 March 2000.
Enquiries
Gavin Anderson 0207 457 2345
Marc Popiolek / Lindsey Harrison
Notes to Editors
E D & F Man is an international financial services company. Man offers
specialist fund management products through its subsidiary Man Investment
Products and brokerage of exchange-traded futures and options through Man
International.
Man Investment Products is a world leader in the field of alternative
investment products. Funds under management for private and institutional
clients have grown from approximately $1.1 billion under management in
December 1994 to approximately $4.6bn at December 1999. Man Investment
Products uses systematic trading strategies across a diversified portfolio of
investments in international markets. This approach has produced a track
record with low correlation to equity and bond market performance,
complementing investors' traditional portfolios by reducing overall risk. Man
Investment Products' successful composite fund products are managed by a
growing range of investment mangers including AHL, its wholly-owned London
based manager, and joint ventures such as Man-Glenwood and Man-Fidex. Global
sales and marketing are effected through its own sales offices and an
extensive network of intermediaries.
Man International is a major broker of exchange-traded futures and options. It
offers execution, clearing and advisory services across a range of markets,
including interest rates, foreign exchange, energy, precious and non-ferrous
metals, grains and other soft commodities, equity indices and securities.
Operating from London, New York, Chicago, Paris, Singapore and Taiwan, Man
International services a worldwide institutional client base and an increasing
number of private clients.
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