MF Global Files IPO Registration Statement

Business Wire, May 31, 2007

NEW YORK -- MF Global Ltd. (currently operating through Man Financial Ltd, Man Financial Inc. and other subsidiaries of Man Group plc) today filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (SEC) for the initial public offering of its common shares.

All shares will be sold by MF Global's parent, Man Group plc (LSE:EMG), which on March 30, 2007, announced its intention to separate Man Financial, its brokerage business, through an initial public offering on the New York Stock Exchange. Man Financial will be renamed MF Global upon completion of the separation and IPO.

Citigroup, JPMorgan, Lehman Brothers, Merrill Lynch & Co and UBS Investment Bank will act as joint book-running managers of the offering. Lazard is acting as a financial advisor to Man Financial in the matter.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such state.

About MF Global

MF Global, currently operating through Man Financial Ltd, Man Financial Inc. and other subsidiaries of Man Group plc, is the leading broker of exchange-listed futures and options in the world, providing execution and clearing services for exchange-traded and over-the-counter, derivative products, as well as for non-derivative foreign exchange products and securities in the cash market.

MF Global has offices in Bermuda, New York, London, Chicago, Paris, Mumbai, Singapore, Sydney, Toronto, Tokyo, Hong Kong, Taipei, Dubai, and other locations.

About Man Group plc

Man Group plc is a leading global provider of alternative investment products and solutions as well as one of the world's largest futures brokers. The Group employs over 4,000 people in 16 countries, with key centres in London, Pfaeffikon (Switzerland), Chicago and New York. Man Group plc is listed on the London Stock Exchange (LSE:EMG) and is a constituent of the FTSE 100 Index. Further information on the Man Group can be found at www.mangroupplc.com.