GLG Income Opportunities Fund Announces Termination of the Fund

TORONTO, ONTARIO--(Marketwired - Nov. 29, 2013) - Man Investments Canada Corp. (the "Manager"), as manager of the GLG Income Opportunities Fund (the "Fund"), announced today the intention to terminate the Fund once applicable notice has been provided to unitholders. The decision was made to terminate the Fund following receipt of the most recent redemption requests. As a result of redemptions, the net asset size of the Fund has been reduced to a level below which, in the opinion of the trustee of the Fund, it is no longer economically feasible to continue the Fund and it would be in the best interest of the unitholders to terminate the Fund. The Manager anticipates that the Fund's termination will occur on or about December 30, 2013 (the "Termination Date").

The Fund will settle the forward agreement through which it gains exposure to a portfolio of financial instruments managed by GLG Ore Hill LLC, a wholly-owned subsidiary of Man Group plc, to opportunistically use both long and short strategies to invest with respect to event-driven and special situations issuers. Following the settlement of the forward agreement and conversion of the other assets of the Fund to cash and, after all liabilities have been satisfied or provided for, the Fund will distribute in cash the net assets of the Fund to unitholders of each class on a pro rata basis based on the net asset value of each class of units on or about the Termination Date.

Unitholders will continue to have the right to redeem their units in the Fund prior to the Termination Date. All units not redeemed prior to the Termination Date will be automatically redeemed at that time. At the close of business on the Termination Date, the net assets of the Fund will be distributed pro rata to the remaining Class L, Class M, Class N and Class O unitholders of the Fund.

Payment is expected to be made as soon as practicable following the Termination Date to the beneficial holders of units through FundSERV Inc. Unitholders need not take any action to receive the payment.

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 September 30, 2013, Man managed US$52.5 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.

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