MF Global Files IPO Registration Statement



    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.