Man IP 220 GLG Ltd (The ‘Company’) Information Contained Herein Is Provided from the Man Database Except Where Otherwise Stated

Guaranteed Bonds Income Bonds 100% capital guarantee at maturity Non-capital protected provided by Société Générale with a coupon of 7% p.a. (A+ (S&P)/Aa2 (Moody’s)) (subject to the terms and conditions of the Guarantees) Important information regarding investing in Man IP 220 GLG Ltd (the ‘Company’) Information contained herein is provided from the Man database except where otherwise stated. Potential investors should note that investments in financial securities can involve significant risks and may result in losses. There is no guarantee of trading performance and past, projected or simulated performance is not a reliable indicator of future performance. Returns may increase or decrease as a result of currency fluctuations. The value of investments may go down as well as up, and investors may not get back their original investment. The information contained in this document is not a comprehensive representation of the information that should be considered when making an investment in the Bonds and is indicative only. Potential investors should read this document in conjunction with the Offering Memorandum dated 1 January 2011 which sets out detailed terms and conditions for the issue of the Bonds. Potential investors should ensure they understand the terms on which the Bonds are offered and obtain their own independent financial, legal and tax advice before deciding to invest. This material is not an invitation to make an investment in the Bonds, nor does it constitute an offer for sale of the Bonds. Applications for Bonds will only be considered on the terms of the Offering Memorandum and the Application Form. Capitalised terms in this document have the same meaning ascribed to them in the Offering Memorandum. This document is communicated by Man IP 220 GLG Ltd, which is not a member of the Man Group. This material is intended for investment professionals or professional clients only and must not be relied upon by any other person. Distribution of this material and the offer of the Bonds may be restricted in certain jurisdictions, and in other jurisdictions (for example, EEA member states, Hong Kong, Saudi Arabia and Singapore) the minimum subscription amount permitted may be higher than elsewhere. The attention of potential investors is specifically drawn to appendix 2 entitled ‘Selling restrictions’ and to section 6 entitled ‘Key risks’ of the Offering Memorandum which sets out some of the risks associated with acquiring and holding the Bonds. A copy of the Offering Memorandum is available free of charge from Man Investments (CH) AG – Guernsey Branch (First Floor, Suite 1, Albert House, South Esplanade, St Peter Port, Guernsey GY1 1AJ, Channel Islands) and can be downloaded at www.maninvestments.com. Additionally, it is recommended that you contact your bank, investment adviser and/or tax adviser. This material is proprietary information of the Company and its affiliates and may not be reproduced or otherwise disseminated in whole or in part without prior written consent from the Company. The Company or its affiliates may have an investment in the described investment products. Société Générale has consented to the inclusion of its name in this document in the form and context in which it appears and solely in its capacity as the provider of the Guarantees and the swap counterparty. Neither this document, nor the offering of the Bonds, nor the structure of the transaction, nor the form and substance of the disclosures herein have been issued or approved by the Bank or any other Société Générale entity (except for the paragraph ‘Société Générale’ in section 8 ‘Key parties and service providers’ of the Offering Memorandum. Accordingly, the Société Générale Group does not make any representation or warranty, express or implied, regarding the likely investment returns or the performance of the Bonds, or the suitability of the Bonds for any investor, or for the accuracy, completeness or adequacy of information contained herein or in any further information, notice or other document which may at any time be supplied in connection with the Bonds. Therefore, no liability to any party is accepted by Société Générale Group in connection with any of the above matters. Société Générale Group will only be responsible for its obligations under the Guarantee and the Swap Transactions. Société Générale Group is regulated by the Financial Services Authority (‘FSA’). This material is not suitable for US Persons.

Information regarding the performance track records for the AHL Diversified Programme and the GLG Global Opportunity Portfolio AHL Diversified Programme – The simulated past performance of the AHL Diversified Programme is represented by the actual track record of Man AHL Diversified plc from 1 April 1996 to 31 July 2009 and by the actual track record of Man AHL Trend, a sub-fund of the Man Umbrella SICAV (‘Man AHL Trend’), from 1 August 2009 to 31 October 2010. Man AHL Trend has been hedged to USD using the relevant 3 month LIBOR interest rate differentials. GLG Global Opportunity Portfolio – The simulated past performance of the GLG Global Opportunity Portfolio is represented by the actual track record of Class Z of GLG Global Opportunity Fund Plc as adjusted to reflect the portfolio management fee (described in section 7 of the Offering Memorandum). There is no guarantee of trading performance and past, simulated or projected performance is not a reliable indicator of future performance. www.maninvestments.com © Man, December 10 2 Key considerations

Important considerations prior to making an investment There are a number of significant risks associated with investing in the Bonds. Potential investors should carefully read section 6 ‘Key risks’ of the Offering Memorandum, which provides further important information in respect of certain risks, and consider whether they have sufficient resources to bear any losses that may result from investing in the Bonds. Potential investors should consider the following risks: speculative investment – there can be no assurance that the Company will achieve its investment objective in respect of the Bonds. The investments which the Company or the Trading Subsidiaries (as the case may be) propose to make are speculative; underlying funds – the underlying managers may employ complex trading systems/programmes or rely on analytical models to trade sophisticated financial instruments. Such trading systems/programmes and analytical models may be fallible which could result in losses; performance – there can be no assurance that information provided on past performance will be indicative of how the Bonds will perform (either in terms of profitability or low correlation with other investments) in the future; the capital guarantee – the Income Bonds are not capital protected. While the Guaranteed Bonds have the benefit of the Guarantee, the Guaranteed Amount is unlikely to have the same value as the amount initially invested, due to likely effects of inflation and the time value of money. The capital is protected at maturity only as per appendix 1 of the Offering Memorandum; interest and exchange rate risks – the Company or the Trading Subsidiaries (as the case may be) and the underlying vehicles through which the Company or the Trading Subsidiaries (as the case may be) invest will have exposure to foreign exchange and/or interest rate risks. They may but are not obligated to mitigate these risks through hedging transactions. Bondholders with a reference currency different to the denomination of the Bonds will have exposure to foreign exchange risks; counterparty risk – the Guarantee is subject to the Bank’s credit risk (A+ (S&P)/Aa2 (Moody’s)). Therefore, on an insolvency of the Bank or similar event, the Bank may be unable to meet its obligations to Bondholders under the Guarantee; and leverage – the Bonds have a target Investment Exposure of 160% of NAV, so Bondholders may be over-exposed to losses in case of adverse market conditions. Please see the Offering Memorandum issued by the Company dated 1 January 2011 for a detailed description of the risks and fees in relation to the investment. © Man, December 10 3 A tradition of innovation and performance Building on the success of Man IP 220 Man IP 220 GLG Ltd Structure and key facts Appendix Man IP 220 15 years of success in combining two complementary investment approaches

Man IP 220

The first Man IP 220 product was launched in 1996 Since then over 72 products have been set up based AHL Diversified Programme on the IP 220 product structure Intended to be the principal source Through robust performance the IP 220 structure has 100 % of returns demonstrated the strength of combining two strategies with complementary risk/return profiles1

Fund of fund portfolio

60 % Designed to provide stability Best performing capital Best performing capital Best guaranteed product and diversification protected product protected FoHF over one year

Investment ExposureInvestment up to 160% of Man IP 220 Limited USD Man IP 220 Series 6 Man IP 220 Ltd EU

The awards are for information purposes only and should not be construed as an endorsement of Man, its affiliates or its funds. Please refer to the respective websites of the sponsors to these awards for more information regarding the criteria and manner in which such awards are determined. 1. Please refer to slide 6 for more information regarding performance. Man IP 220 A history of delivering solid returns with low correlation to traditional assets

Actual performance of the first capital guaranteed Man IP 220 portfolio1 18 December 1996 to 31 October 2010*

6000 World World 1 Man IP 2201 ManMan IP IP 220220 stocks bonds 5000

4000 Total return 474.1 % 46.2 % 124.1 %

Year-to-date 22.9 % 3.1 % 5.2 % 3000 at 31 October 2010

WorldWorld bondsbonds Annualised return 13.4 % 2.8 % 6.0 % Index value USD USD scale)(log Index value Index valueUSD (log scale) 2000 Annualised volatility 17.2 % 15.7 % 2.9 %

Sharpe ratio2 0.61 0.03 0.79 WorldWorld stocksstocks Worst drawdown -20.8 % -51.9 % -2.7 % 1000

97 98 99 00 01 02 03 04 05 06 07 08 09 10 This product is closed to new investors. Accesses the AHL Diversified Programme and a fund of fund portfolio which allocates to around 50 managers across five different hedge fund styles © Man, December 10 6 World stocks: MSCI World Index hedged to USD (price return). World bonds: Citigroup World Government Bond Index hedged to USD (total return). Potential investors should note that alternative investments can involve significant risks and the value of an investment may go down as well as up. Latest data available at the time of production. There is no guarantee of trading performance and past or projected performance is not a reliable ©indicator Man, December of future performance. 10 Returns may increase or decrease as a result of currency fluctuations. *It is a requirement of MiFID to include performance statistics on a 12 month rolling basis. From 31 October 1997 6 to 31 October 2010, Man IP 220 had a total return of 424.2%, an annualised return of 13.6% and an annualised volatility of 17.1%. The Sharpe ratio for this period was 0.63 and the worst drawdown remains the same. 1. Represented by the actual track record of Man-IP 220 Limited from 18 December 1996 to 31 December 2005 and the actual track record of Man-IP 220 Limited – USD-Class Bonds from 1 January 2006. Please note that the track record of Man IP 220 is shown here for illustration purposes only. Although Man IP 220 and Man IP 220 GLG Ltd belong to the same product family, the investment strategies are not alike. The track record of Man IP 220 does not represent the portfolio that is intended to be accessed by Man IP 220 GLG Ltd and does not reflect the expected fees and expenses that will affect the performance of Man IP 220 GLG Ltd. Furthermore the track record does not reflect a CPPI structure. Any decision to invest should therefore not be based solely on the track record of Man IP 220. The track record does not indicate that Man IP 220 and Man IP 220 GLG Ltd will have similar risk-return patterns in the future. Please refer to the Offering Memorandum for further information regarding specific product features and investment strategy. 2. Sharpe ratio is calculated using the risk-free rate in the appropriate currency over the period analysed. Where an investment has underperformed the risk-free rate, the Sharpe ratio will be negative. Because the Sharpe ratio is an absolute measure of risk-adjusted return, negative Sharpe ratios are shown as n/a as they can be misleading. Source: Man database and Bloomberg. A tradition of innovation and performance Building on the success of Man IP 220 Man IP 220 GLG Ltd Structure and key facts Appendix Exclusive access to the first product launch bringing together AHL and GLG Man IP 220 GLG Ltd

Building on the success of its IP 220 product range, Man is now providing investors with a compelling opportunity to access:

The first opportunity The first Man GLG GLG’s investment to access a combination product launch following expertise for the first of AHL and GLG, Man’s landmark time in a structured two renowned acquisition in product format investment managers, October 2010 in one portfolio

AHL GLG

World-leading manager of systematic A leading global investment manager trading strategies with USD 22.6 billion1 that offers a comprehensive range assets under management of alternative and long-only Over 20 year track record of delivering investment products attractive returns Manages assets of around USD 25 billion1 Leading research capabilities enhanced by across equity, macro, emerging markets a unique relationship with Oxford University and credit strategies One of the industry’s most widely respected teams of investment professionals

Systematic and quantitative trading strategy Discretionary trading approach

1. At 30 September 2010. Source: Man database. Combining two investment styles with low correlation to each other The strategies demonstrate highly complementary return streams

AHL Diversified Programme¹ vs. GLG Global Opportunity Portfolio2 1 February 1997 to 31 October 2010

40 % GLG Global AHL World World AHL Diversified Programme1 Opportunity Diversified stocks bonds GLG Global Opportunity Portfolio2 Portfolio2 Programme1

30 % GLG Global Opportunity 1.00 2 Quarterly returns Quarterly returns Quarterly Portfolio 20 % AHL Diversified 0.13 1.00 Programme1 10 % World 0.40 -0.24 1.00 stocks 0 %

World -0.16 0.29 -0.27 1.00 bonds -10 %

-20 % 97 98 99 00 01 02 03 04 05 06 07 08 09 10

The highlighted sections demonstrate periods of particularly low correlation between the strategies.

World stocks: MSCI World Index hedged to USD (price return). World bonds: Citigroup World Government Bond Index hedged to USD (total return). Potential investors should note that alternative investments can involve significant risks and the value of an investment may go down as well as up. Latest data available at the time of production. There is no guarantee of trading performance and past, projected or simulated performance is not a reliable indicator of future performance. Returns may increase or decrease as a result of currency fluctuations. 1. The simulated past performance of the AHL Diversified Programme is represented by the actual track record of Man AHL Diversified plc from 1 February 1997 to 31 July 2009 and by the actual track record of Man AHL Trend, a sub-fund of the Man Umbrella SICAV ('Man AHL Trend'), from 1 August 2009 to 31 October 2010. Man AHL Trend has been hedged to USD using the relevant 3 month LIBOR interest rate differentials. 2. The simulated past performance of the GLG Global Opportunity Portfolio is represented by the actual track record of Class Z of GLG Global Opportunity Fund Plc as adjusted to reflect the portfolio management fee (described in section 7 of the Offering Memorandum). Source: Man database and Bloomberg. A tradition of innovation and performance Building on the success of Man IP 220 Man IP 220 GLG Ltd Structure and key facts Appendix Man IP 220 GLG Ltd A global trading product which aims to target double-digit returns1

Man IP 220 GLG Ltd

AHL Diversified Programme Exposure ofupto160%

Primarily aims to identify opportunities to profit from Target Investment 100 % price movements and take advantage of strong Skilled portfolio managers market trends across a range of market sectors within Man’s multi-manager business actively manage exposures according to market conditions

GLG Global Opportunity Portfolio 2 A global multi-strategy portfolio that allocates 60 % to a broad range of GLG’s discretionary strategies

Potential investors should note that investments in financial securities can involve significant risks and may result in losses. There is no guarantee of trading performance and past, projected or simulated performance is not a reliable indicator of future performance. Please refer to slide 3 for a detailed description of the risks associated with making an investment. Additionally, it is recommended that you contact your bank, investment advisor and/or tax adviser. © Man, December 10 12

1. There is no guarantee that these targets will be achieved. 2. Investment allocations and initial and target exposures may change over the term of the Bonds at the discretion of the Investment Manager. See the section entitled ‘How the Company invests’ in the Offering Memorandum for further details. Source: Man database and Bloomberg. AHL Diversified Programme Trades highly liquid instruments on regulated exchanges around the globe

Market sector allocations of the Over 150 instruments AHL Diversified Programme1 Around 36 exchanges At 31 October 2010

Agriculturals 6.4 % Currencies Interest rates 21.7 % 11.5 %

Metals 13.1 % 16.9 % Stocks

12 12 12 12 11 1 11 1 11 1 11 1 15.0 % 10 2 10 2 10 2 10 2 9 3 9 3 9 3 9 3 8 4 8 4 8 4 8 4 Energies 15.5 % 7 6 5 7 6 5 7 6 5 7 6 5 01:00 11:00 18:00 24:00 Bonds

1. The chart indicates the diversified market sectors traded by the AHL Diversified Programme to be used by the Bonds at 31 October 2010. Please refer to slide 2 for a detailed description of the AHL Diversified Programme. The sector allocations are designed to reflect the expected long-term risk exposure to each sector relative to the other sectors in the portfolio. The figures are based on estimates of the risk of each sector for the current portfolio. The portfolio structure and constituents are regularly reviewed by the investment management team and sector allocations will change accordingly. Source: Man database. AHL Diversified Programme1 Investment edge

1 April 1996 to 31 October 2010*

AHL Diversified World World 12000 Programme1 stocks bonds 11000 10000 9000 8000 Total return 878.6 % 63.2 % 144.4 % AHL Diversified Programme1 7000 6000 Annualised return 16.9 % 3.4 % 6.3 % 5000 Year-to-date 14.6 % 3.1 % 5.2 % 4000 at 31 October 2010 Index value USD (log (log scale) USD value Index Index valueUSD (log scale) Annualised volatility 17.5 % 15.5 % 2.9 % 3000 World bonds Sharpe ratio2 0.78 0.06 0.87 2000 Worst drawdown -20.0 % -51.9 % -2.7 %

World stocks

1000

96 97 98 99 00 01 02 03 04 05 06 07 08 09 10

World stocks: MSCI World Index hedged to USD (price return). World bonds: Citigroup World Government Bond Index hedged to USD (total return). Potential investors should note that alternative investments can involve significant risks and the value of an investment may go down as well as up. Latest data available at the time of production. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. Returns may increase or decrease as a result of currency fluctuations. *It is a requirement of MiFID to include performance statistics on a 12 month rolling basis. From 31 October 1996 to 31 October 2010, the AHL Diversified Programme had a total return of 708.7%, an annualised return of 16.1% and an annualised volatility of 17.5%. The Sharpe ratio for this period was 0.74 and the worst drawdown remains the same. 1. Please refer to slide 2 for a detailed description of the AHL Diversified Programme. 2. Sharpe ratio is calculated using the risk-free rate in the appropriate currency over the period analysed. Where an investment has underperformed the risk-free rate, the Sharpe ratio will be negative. Because the Sharpe ratio is an absolute measure of risk-adjusted return, negative Sharpe ratios are shown as n/a, as they can be misleading. Source: Man database and Bloomberg. GLG Global Opportunity Portfolio The portfolio allocates to leading GLG discretionary funds managed by highly skilled individuals

Indicative allocations of the GLG Global Opportunity Portfolio1 At 1 December 2010

Strategy Allocation Description

Long/short approach which invests predominantly GLG North American Opportunity Strategy 20.0 % in North American equity markets Focused on highly liquid European large-caps using GLG European Opportunity Strategy 14.7 % a long-short approach

GLG Alpha Select Strategy 13.7 % A long-short market neutral strategy investing in UK large caps

GLG Market Neutral Strategy 11.6 % A convertible and credit arbitrage strategy with a global focus

A long-short strategy that invests in a broad range of GLG Emerging Markets Strategy 10.5 % emerging markets

GLG Atlas Macro Strategy 9.5 % Invests in a wide range of macro opportunities

GLG Global Mining Strategy 6.3 % Direct allocation to a sector specialist strategy

GLG Financials Strategy 4.2 % Focused on investments in the financial sector

GLG European Distressed Strategy 3.2 % Focused on European companies facing financial stress/distress GLG Emerging Markets Fixed Income Invests in liquid assets across currencies and fixed income 3.2 % and Currency Strategy in emerging markets

GLG Emerging Credit Opportunity Strategy 3.2 % An emerging markets strategy focused primarily on liquid credit

1. Strategy allocations are indicative only and are subject to change. Source: Man database. GLG Global Opportunity Portfolio A dynamically managed in-house multi-strategy fund

A dedicated investment committee provides portfolio recommendations Skilled portfolio managers approve the allocations1 Expert forum consisting of: Noam Gottesman, Co-founder of GLG Investment recommendations are reviewed in order to determine the final portfolio composition Luke Ellis, Head and CIO of Man’s multi-manager This provides valuable portfolio oversight business Lance Donenberg, COO, GLG US

Allocations are determined by top-down macro Assessment of the portfolio against economic factors combined with individual Man IP 220 GLG investment guidelines sector/strategy views is part of the decision process

Benefits from the expertise of a dedicated investment committee supported by a defined investment process

1. Recommendations provided by the investment committee are used by the portfolio managers to determine the final allocations to the GLG Global Opportunity Portfolio. Portfolio managers retain full discretion for the final portfolio composition. Please see the Offering Memorandum for further details. GLG Global Opportunity Portfolio1 Investment edge

1 February 1997 to 31 October 2010*

GLG Global World World 6000 Opportunity 1 stocks bonds GLG Global Opportunity Portfolio Portfolio1 5000

Total return 416.1 % 42.6 % 122.6 % 4000

Annualised return 12.7 % 2.6 % 6.0 % 3000 Year-to-date 9.1 % 3.1 % 5.2 % World bonds at 31 October 2010 Index value USD (log scale) USD Index value Index valueUSD (log scale) 2000 Annualised volatility 12.5 % 15.7 % 2.9 %

Sharpe ratio2 0.74 0.02 0.80

Worst drawdown -23.5 % -51.9 % -2.7 %

1000 World stocks

97 98 99 00 01 02 03 04 05 06 07 08 09 10

World stocks: MSCI World Index hedged to USD (price return). World bonds: Citigroup World Government Bond Index hedged to USD (total return). Potential investors should note that alternative investments can involve significant risks and the value of an investment may go down as well as up. Latest data available at the time of production. There is no guarantee of trading performance and past or projected performance is not a reliable indicator of future performance. Returns may increase or decrease as a result of currency fluctuations. *It is a requirement of MiFID to include performance statistics on a 12 month rolling basis. From 31 October 1997 to 31 October 2010, the GLG Global Opportunity Portfolio had a total return of 340.1%, an annualised return of 12.1% and an annualised volatility of 12.0%. The Sharpe ratio for this period was 0.73 and the worst drawdown remains the same. 1. Please refer to slide 2 for detailed description of the GLG Global Opportunity Portfolio. 2. Sharpe ratio is calculated using the risk-free rate in the appropriate currency over the period analysed. Where an investment has underperformed the risk-free rate, the Sharpe ratio will be negative. Because the Sharpe ratio is an absolute measure of risk-adjusted return, negative Sharpe ratios are shown as n/a, as they can be misleading. Source: Man database and Bloomberg. Summary Man IP 220 GLG Ltd

Aims to: build on a proven investment strategy with long track record of success target double-digit returns with low correlation to traditional assets provide broad exposure to a range of global strategies and asset classes offer resilience in difficult market conditions The Bonds have a target Investment Exposure of up to 160%1 of NAV. Bondholders may therefore be over-exposed to losses in case of adverse market conditions. The investment may result in losses, there is no performance guarantee. © Man, December 10 18

1. Investment allocations and initial and target exposures may change over the term of the Bonds at the discretion of the Investment Manager. See the section entitled ‘How the Company invests’ in the Offering Memorandum for further details. A tradition of innovation and performance Building on the success of Man IP 220 Man IP 220 GLG Ltd Structure and key facts Appendix Man IP 220 GLG Ltd Choice of structure

100% capital guarantee at maturity Non-capital protected Income Bonds provided by Société Générale1

Total initial Investment Exposure of up to 160%2 of NAV Coupon of 7% p.a. for five years (subject to sufficient trading The CPPI structure dynamically allocates between capital available) paid out of the Net Asset Value of the 5 Man IP 220 GLG Ltd and Money Market Funds Income Bonds Payments made semi-annually within 21 days of each Benefits of a CPPI structure3: Coupon Date Highly efficient cash usage – no requirement for initial purchase of collateral Enables maximum exposure to Man IP 220 GLG Ltd Coupon Semi-annual Total annual Security from an institution with a credit rating of Date payment payment A+ (S&P)/Aa2 (Moody’s)4

Risks of a CPPI structure: 31 October 3.5 % There is potential for the CPPI structure to have exposure only 7 % to Money Market Funds 30 April 3.5 % The capital guarantee is only applicable at maturity. The NAV may be lower than the capital protected amount during the life of the Bonds

© Man, December 10 20 1. Subject to the terms and conditions of the Guarantee. For further details, see section 4 ‘The Guarantee' of the Offering Memorandum and appendix 1 ‘Guarantee Information' to the Offering Memorandum. The Guarantee is subject to the Bank's credit risk. Therefore, on an insolvency of the Bank or similar event, the Bank may be unable to meet its obligations to Bondholders under the Guarantee. 2. Investment allocations and initial and target exposures may change over the term of the Bonds at the discretion of the Investment Manager. See the section entitled ‘How the Company invests’ in the Offering Memorandum for further details. 3. Constant proportion portfolio insurance (CPPI) is a strategy that provides principal protection through a dynamic asset allocation mechanism between an active fund (e.g. Man IP 220 GLG Ltd) and a capital portfolio (e.g. Money Market Funds). The mechanism is aimed at maintaining the security of principal at maturity whilst maximising the possible exposure to the active fund. 4. At 17 December 2010. Credit ratings are assigned by independent companies known as rating agencies. Companies are rated from AAA (most secure/best) to D (most risky/worst) by Standard & Poor’s. An obligor rated AAA by Standard & Poor’s has extremely strong capacity to meet its financial commitments. Please note that credit ratings are reviewed regularly. 5. It is intended that non-capital protected Income Bonds will have an annual coupon of 7% p.a. of the Face Value. Man IP 220 GLG Ltd Key facts of the Bonds

Offer Period Monthly redemptions subject to the following fees: 31 January 2011 to 21 March 2011 with the potential for extension USD/EUR Guaranteed Bonds Currencies Redemption on or between Redemption fee Guaranteed Bonds: USD/EUR The Issue Date and 30 April 2013 4 % of NAV per Bond Income Bonds: USD 1 May 2013 and 30 April 2015 3 % of NAV per Bond Investment Manager 1 May 2015 and 30 April 2017 1 % of NAV per Bond Man Investments (CH) AG – Guernsey Branch on or after 1 May 2017 no redemption fee

Face Value of the Bonds USD Income Bonds USD/EUR 1 per Bond Redemption on or between Redemption fee

The Issue Date and 30 April 2013 4 % of NAV per Bond Minimum Subscription1 USD/EUR 50,000 1 May 2013 and 30 April 2015 3 % of NAV per Bond 1 May 2015 and 30 April 2016 1 % of NAV per Bond Minimum Redemption 20,000 Bonds

Minimum Holding 50,000 Bonds Reporting Investors can access prices through the following media: Maturity Date www.maninvestments.com Guaranteed Bonds: 31 October 2023 Financial Times and International Herald Tribune Income Bonds: 30 April 2016 Bloomberg, Reuters, SIX Telekurs and Standard & Poor’s Dealing frequency electronic data services Monthly

Please refer to the key considerations on slide 3 for risks associated with making an investment. 1. Subject to the selling restrictions in appendix 2 of the Offering Memorandum. A tradition of innovation and performance Building on the success of Man IP 220 Man IP 220 GLG Ltd Structure and key facts Appendix Man contacts1

Dubai Miami Singapore Tel +9714 3604999 Tel +1 305 914 8900 Tel +65 6740 6602 Fax +9714 3604900 Fax +1 305 914 8901

Europe Montevideo Switzerland Tel +44 (0) 20 7016 7000 Tel +598 2 902 2016 Tel +41 (0) 55 417 63 00 Fax +44 (0) 20 7144 2004 Fax +598 2 903 2558 Fax +41 (0) 55 417 63 01

Hong Kong Rotterdam Global Relationship Services Tel +852 2521 2933 Tel +31 (0) 10 2051260 Tel +41 (0) 55 417 64 60 Fax +852 2537 1205 Fax +31 (0) 10 2051265 Fax +41 (0) 55 417 64 01 E-mail [email protected]

1. The Investor Services Agent, Marketing Adviser, Investment Manager and/or the local Man office all retain the right to record any telephone calls made to them in relation to the investments described here. Man Integrating world-leading investment talent in a single asset management entity

AHL GLG Multi-manager business Single manager platform

Quantitative managed Multi-strategy global Advisory solutions Convertible bonds futures manager alternative investment Fund of hedge funds Systematic strategies specialist Structured products Nephila1 Managed accounts Ore Hill1

Australia Canada Guernsey Hong Kong Ireland Italy Japan Luxembourg Netherlands

Singapore Switzerland UAE UK Uruguay US

Jurisdictions worldwide

1. Please note that Nephila and Ore Hill are Man affiliated managers but are not wholly owned by Man Group. Biographies

GLG Noam Gottesman – Manager of GLG Global Opportunity Fund. After completing his BA at Columbia University, New York, Noam worked at Goldman Sachs International for ten years managing global equity portfolios. In 1995, he co-founded GLG Partners, a division of Lehman Brothers and in 2000 he co-founded GLG Partners LP, where he has overall responsibility for North American equity and global macro strategies. Lance Donenberg – Chief Operating Officer of North America of GLG Partners LP, based in New York. Prior to his current responsibilities, Lance was Head of Strategic Investments for Man Investments and Head of Investment Sourcing for Man’s Multi Manager business. He was also a member of the firm’s Manager Board. Prior to joining Glenwood in 2006, Lance was a founding principal with Balyasny Asset Management. Lance Donenberg received a BCom in finance from the University of Witwatersrand, BCom Honors economics from University of South Africa, and an MBA from the Kellogg Graduate School of Management, Northwestern University.

AHL Tim Wong – CEO of AHL and a member of the Man Executive Committee. Mr Wong joined AHL in 1991 as a research analyst, and later assumed overall responsibility for the day-to-day running of the research and investment management operations. Mr Wong graduated from Oxford University in 1991 with a first class honours degree in engineering science. He subsequently gained an MSc in statistics and operational research from London University. He is an associate of the UK Society of Investment Professionals.

Multi-manager business – responsible for managing the allocations within Man IP 220 GLG Ltd Luke Ellis – Co-portfolio manager of Man IP 220 GLG Ltd and head and CIO for Man’s multi-manager business. He is also a member of the Man Executive Committee. Most recently, Luke has been non-executive chairman of GLG’s multi-manager activities and manager of the GLG Multi-Strategy Fund. Luke was Managing Director of Financial Risk Management (FRM) from 1998 to 2008 and one of two partners running the business. Over this time the business grew from USD 100 million assets under management, with 12 employees in one office, to managing USD 15 billion with 250 employees in five offices across the world. Prior to joining FRM, Luke was a Managing Director at JPMorgan in London, and as Global Head was responsible for building the firm’s Global Equity Derivatives and Equity Proprietary trading business. Luke holds a BSc Hons. in Mathematics and Economics from Bristol University.

Eric Burl – Co-portfolio manager of Man IP 220 GLG Ltd and head of the Structured Products team in Portfolio Management for Man. Prior to his current responsibilities, Eric was a member of Man Investments’ Product Strategy & Business Development team. Since joining Man in 2004, Eric has primarily been working on portfolio construction and management and more recently he focused on sales and client relationships as an investment specialist. Prior to joining Man, Eric spent two years with UBS in London, working in the Exchange Traded Derivatives division. He holds a BA (Hons) in management studies from the University of Nottingham and is CAIA certified. Q1-11-PRES-ENG