Man GLG Emerging Markets Income Fund: Character Conversion Budget Measures

TORONTO, April 12, 2013 /CNW/ - On March 21, 2013, the Minister of Finance proposed certain measures which are expected to affect the tax treatment of distributions paid to taxable unitholders of investment funds that utilize forward agreements to obtain exposure to an underlying reference portfolio. Based on its review to date, Man Investments Canada Corp. believes that these changes will not affect the Man GLG Emerging Markets Income Fund (TSX : EMY.UN) (the "Fund"), or the tax treatment of its distributions received by unitholders, until the expiration of the Fund's forward agreement in November, 2014. The Manager awaits further guidance from the Federal Government on the implementation of the budget proposals and will provide additional details to unitholders as it becomes available.

Notes to editors:

About Man

Man is a world-leading alternative investment management business. It has expertise in a wide range of liquid investment styles including managed futures, equity, credit and convertibles, emerging markets, global macro and multi-manager, combined with powerful product structuring, distribution and client service capabilities. As at December 31, 2012, Man managed US$57.0 billion.

The original business was founded in 1783. Today, Man is listed on the London Stock Exchange and is a member of the FTSE 250 Index.

Man is a signatory to the United Nations Principles for Responsible Investment (PRI) and 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 sponsoring the Man Booker literary prizes and the Man Asian Literary Prize. Further information can be found at www.man.com.

Notice to readers:

Nothing in this announcement should be construed as or is intended to be a solicitation for or an offer to provide investment services.

Not for release, publication or distribution, in whole or in part, in, into or from any jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction.

SOURCE: Man Investments Canada Corp.

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Toreigh Stuart
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