MAIL.L Regulatory News (MAIL)

19 May 2005 18:00

Man Alternative Investments Ld19 May 2005 Man Alternative Investments Limited (the "Company") ESTIMATED NET ASSET VALUE OF SHARES The estimated Net Asset Value of an Ordinary Share of 0.01 pence each (a"Share") in the Company is calculated as being 82.83 pence as at the close ofbusiness on 30th April 2005, the valuation point. That represents an decrease invalue of -1.59% from the valuation as at the previous month end. The Company accepts no responsibility for the accuracy of the Net Asset Valuefigure given and neither is any responsibility implied. The estimated Net AssetValue figure is supplied for indication purposes only. Based on the indicationsreceived from the underlying managers since the valuation point, the Managerdoes not consider that there have been any exceptional or extraordinary events,which materially impact upon the Company's investments. For further information contact: P M Bodman, Man Fund Management (Guernsey) Ltd, Company Secretary,Tel + 44 1481 740580 This information is provided by RNS The company news service from the London Stock Exchange