Trading Statement

Man Group PLC
25 March 2002


25 March 2002

                                 Man Group plc

                            Pre-Close Trading Update


In line with current market practice, Man Group plc is today issuing the
following update ahead of its close period for the year ending 31 March 2002.
Man Group will announce its preliminary results for the financial year on 23 May
2002.

The Group has enjoyed continued strong demand for its alternative investment
products in the second half of the financial year, generating total sales for
the year of more than $4.5 billion. Funds under management currently stand at
$10.5 billion, 57% above the level a year ago. Brokerage has also had a good
year.

Overall, Group profits before tax, goodwill and exceptional items for the year
ending 31 March 2002 will be ahead of the current market consensus forecast (see
footnote below).

Stanley Fink, Chief Executive of Man Group, said today:

'The alternative investment market continues to exhibit strong growth. Against
this backdrop, we expect to see continued high levels of demand for our products
as customers recognise the advantages of including structured alternative
investment products in their portfolio. Our sales network, which now totals over
900 intermediaries globally, is key to accessing this demand. The Group remains
focused on growing and improving this network and, as part of this process, the
Group has recently established a private client marketing initiative in the US
market where we see considerable potential for sales of our products to a US
private client base.'


Note:

The market consensus figure referred to earlier in this announcement is based on
forecasts of profits before tax, goodwill and exceptionals provided to Man Group
by eight UK equity analysts since the Group's interim results in November 2001.
They range between £190 million and £210 million, with the consensus, calculated
as the average, being £202 million.


Enquiries


Man Group plc                                             0207 285 3000
Peter Clarke
David Browne

Gavin Anderson & Company                                  0207 554 1400
Chris Salt
Lindsey Harrison



Notes to Editors


About Man Group plc

Man Group is a leading global provider of alternative investment products as
well as one of the world's largest futures brokers. The Group employs over 1,500
people in 13 countries, with key centres in London, Switzerland, New York,
Chicago, Paris and Singapore. Man Group plc was listed on the London Stock
Exchange (EMG.L) in 1994 and is a member of the FTSE 100 index. Further
information on Man Group can be found at www.mangroupplc.com.



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