Man Canada AHL Alpha Fund Closes $98 Million Initial Public Offering



    TORONTO, May 28 /CNW/ - Man Investments Canada Corp. is pleased to
announce that Man Canada AHL Alpha Fund (the "Fund") has completed its initial
public offering of 8,835,586 Class A Units and 1,040,026 Class F Units of the
Fund for aggregate proceeds of $98,756,120. The Class A Units and the Class F
Units will not be listed on any stock exchange.
    The Fund's investment objective is to provide investors with the
opportunity to realize capital appreciation through investment returns that
have a low correlation to traditional forms of stock and bond securities. The
Fund will seek to achieve its investment objective through exposure to a
diversified portfolio of financial instruments across a range of global
markets including currencies, bonds, stocks, energy, metals and interest rates
to be managed by Man Investments Limited using a multi-strategy trading
program (the "AHL Alpha Programme"). The AHL Alpha Programme is implemented
and managed by AHL, a division of Man Investments Limited. Man Investments
Canada or its affiliates will pay issuing expenses of the offering.
    "We are very pleased with the success of this offering. In today's
volatile markets, this has proven that investors are seeking new
diversification opportunities, with returns that have low correlation to their
stock and bond investments," said Toreigh Stuart, Chief Executive Officer of
Man Investments Canada Corp.
    The syndicate of Agents for the offering was jointly led by Scotia
Capital Inc. and CIBC World Markets Inc., and included BMO Capital Markets,
Dundee Securities Corporation, Blackmont Capital Inc., Canaccord Capital
Corporation, Richardson Partners Financial Limited, Desjardins Securities
Inc., Industrial Alliance Securities Inc., Laurentian Bank Securities Inc.,
Rothenberg Capital Management Inc. and Wellington West Capital Markets Inc.
    For more information, please contact your financial advisor or call Man
Investments Canada Corp. toll-free at 1-877-860-1080 or visit
www.maninvestments.com.

    About Man

    Man Investments Canada Corp. and Man Investments Limited are part of the
Man Investments division ("Man Investments") of Man Group plc ("Man"). Man is
a world-leading alternative investment management business. With a broad range
of funds for institutional and private investors globally, it is known for its
performance, innovative product design and investor service. Man manages
around US$50 billion.
    The original business was founded in 1783. Today, Man Group plc is listed
on the London Stock Exchange and is a member of the FTSE 100 Index with a
market capitalization of US$5.4 billion.
    Man Group is a member of the Dow Jones Sustainability World Index and the
FTSE4Good Index. Man also supports many awards, charities and initiatives
around the world, including sponsorship of the Man Booker literary prizes.
Further information can be found at www.mangroupplc.com.

    Commissions, trailing commissions, management fees and expenses all may
be associated with investment funds. Please read the prospectus before
investing. Investment funds are not guaranteed, their values change frequently
and past performance may not be repeated.




For further information:

For further information: Toreigh Stuart, CEO, Man Investments Canada
Corp., tstuart@maninvestments.com

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Man Investments Canada Corp.

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