GLG Announces Extension of Tender Offer

GLG Partners, Inc. GLG today announced that it is extending its previously announced tender offer for any or all of its 54,484,677 outstanding warrants, including public warrants GLGWS, for a purchase price of $0.129 per warrant, in cash, without interest, until 3:45 a.m. E.D.T. on October 14, 2010, unless further extended. GLG extended the offer to ensure that the Expiration Date of the offer coincides with the completion of the previously announced merger with a wholly owned subsidiary of Man Group plc. The offer previously was expected to expire at 12:00 midnight E.D.T. on October 12, 2010. The depository for the offer, BNY Mellon Shareowner Services, has advised GLG that 23,936,306 warrants had been tendered and not withdrawn as of the close on Monday, October 11, 2010. The tender offer is not conditioned on any minimum number of warrants being tendered.