Man offers multi-strategy product with a 120 per cent capital guarantee

The enhanced principal protection structure of Series 6 guarantees investors a return of at least 120% of the face value of their initial investment at maturity.

The original Man Multi-Strategy product, Man Multi-Strategy Guaranteed Limited, was launched over three years ago. It was the first product to offer investors access to a comprehensive selection of investment strategies spanning the greater part of the hedge fund spectrum. With Series 6 Man Investments is offering investors another opportunity to access this highly successful and sought after product structure.

The impressive track record of the first product in the Man Multi-Strategy family has demonstrated the undisputed ability this type of vehicle has to provide portfolio diversification. As at 31 August 2003, Man Multi-Strategy Guaranteed Limited has generated a total return of 44.8%2 since its inception. This performance compares to a loss of 30.3% in world stocks over the same period.

Series 6 incorporates an enhanced principal protection structure that guarantees investors the return of at least 120% of their initial investment at maturity. In addition, provisions have been made to include a profit lock-in feature which, subject to trading performance, has the potential to elevate the level of the guarantees at maturity by locking-in a portion of net new trading profits following periods of sustained profitability. The operation of both the guarantees and the profit lock-in feature are subject to the terms and conditions of the capital guarantees provided by ABN AMRO Bank N.V.3

"The Man Multi-Strategy product family has enjoyed considerable success and has become one of the most highly sought after product structures offered by Man", says Antoine Massad, Head of Middle East and Asia, Man Investments. "By incorporating 120% capital guarantees into an already attractive investment opportunity, Man has once again demonstrated its ability and commitment to providing investors with innovative alternative investment products."

ABN AMRO Bank N.V. traces its origin to the formation of the 'Nederlandsche Handel-Maatschappij N.V.' in 1825, pursuant to a Dutch Royal Decree of 1824. 100% of the shares in ABN AMRO Bank N.V. are owned by ABN AMRO Holding N.V. The ABN AMRO group ('ABN AMRO'), which consists of ABN AMRO Holding N.V. and its subsidiaries, is a global banking group offering a wide range of commercial and investment banking products and services on a global basis through its network of approximately 3,400 offices and branches in more than 60 countries and territories. ABN AMRO is the largest banking group based in The Netherlands with total consolidated assets of EUR556 billion at 31 December 2002. As at 30 June 2003 ABN AMRO Bank N.V. had a Aa3 credit rating from Moody's.

Man Multi-Strategy Series 6 Ltd will be available to investors from 27 October to 5 December 2003 with a possible extension to the offer period.