UNITED
STATES


SECURITIES
AND EXCHANGE COMMISSION




Washington,
D.C. 20549




FORM
10-K/A




(Amendment
No. 1)




þ  Annual
Report Pursuant to Section 13 or 15(d)


of the
Securities Exchange Act of 1934


For the
Fiscal Year Ended:  March 31, 2008


or


 ̈  Transition
Report Pursuant to Section 13 or 15(d)


of the
Securities Exchange Act of 1934




Commission
File Number: 333-126172




Man-AHL
130,
LLC


(Exact
name of registrant as specified in its charter)





Delaware
              
              84-1676365(State
      or other jurisdiction of
                incorporation
      or organization)
              
              (I.R.S.
      Employer
                Identification
      No.)c/o
      MAN INVESTMENTS (USA)
      CORP.
                123
      North Wacker Drive, 28th Floor
                Chicago,
      Illinois 60606(Address
      of principal executive offices)
  Registrant’s
telephone number, including area
code:   (312) 881-6800




Securities
registered pursuant to Section 12(b) of the
Act:   None




Securities
registered pursuant to Section 12(g) of the Act: Class A and Class B Units of
Limited Liability Company Interest


(Title
      of Class)




Indicate
by check mark if the registrant is a well-known seasoned issuer, as defined in
Rule 405 of the Securities Act.    Yes
[  ]   No [X ]




Indicate
by check mark if the registrant is not required to file reports pursuant to
Section 13 or Section 15(d) of the Act.    Yes
[  ]   No [X ]




Indicate
by check mark whether the registrant (1) has filed all reports required to be
filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the
preceding 12 months (or for such shorter period that the registrant was required
to file such reports), and (2) has been subject to such filing requirements for
the past 90 days.   Yes [X]   No
[  ]




Indicate
by check mark if disclosure of delinquent filers pursuant to Item 405 of
Regulation S-K (§229.405 of this chapter) is not contained herein, and will not
be contained, to the best of registrant’s knowledge, in definitive proxy or
information statements incorporated by reference in Part III of this Form 10-K/A
or any amendment to this Form 10-K/A.   [X]




Indicate
by check mark whether the registrant is a large accelerated filer, an
accelerated filer, a non-accelerated filer, or a smaller reporting
company.  See definition of “large accelerated filer,” “accelerated
filer” and “smaller reporting company”  in Rule 12b-2 of the Exchange
Act.  (Check one):




Large
accelerated filer
[  ]                                                              Accelerated
Filer [  ]


Non-accelerated
filer
[  ]                                                                Smaller
reporting company [X]




Indicate
by check mark whether the registrant is a shell company (as defined in Rule
12b-2 of the Act).   Yes [   ]   No
[ X ]




State the
aggregate market value of the voting and non-voting common equity held by
non-affiliates computed by reference to the price at which the common equity was
last sold, or the average bid and asked price of such common equity, as of the
last business day of the registrant’s most recently completed second fiscal
quarter.




Not
applicable.




Documents
Incorporated by Reference




The
report of Deloitte & Touche and the financial statements of the Registrant
for the year ended March 31, 2008, which constitutes the Registrant’s annual
report to its Unitholders are included herewith as exhibit 13.02 and are
incorporated by reference into Item 8 of this Annual Report on Form
10-K/A.







EXPLANATORY
NOTE


The
purpose of this amendment is to correct a typographical error on
Registrant’s Statement of Cash Flows, included in Exhibit 13.01 to Registrant’s
Annual Report on Form 10-K filed on June 30, 2008, that inadvertently indicated
the Managing Member’s seed capital investment, made in connection with the
organization of Registrant as occurring during the fiscal year ended March 31,
2007 when, in fact, such investment occurred in the prior fiscal
year.




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PART
II




Item
8.   Financial Statements and Supplementary Data




Financial
statements required by this item, including the report of the independent
registered accounting firm for the fiscal years ended March 31, 2008 and 2007
are included as Exhibit 13.02 to this report and incorporated by reference into
this Item 8.




The
following summarized quarterly financial information presents the results of
operations of the Class A Units for the three month periods ended June 30,
September 30, December 31 and March 31 during the fiscal years for which Man-AHL
130 was in operation.  This information has not been
audited.  The Class B Units commenced operations as of April 1,
2008.




Class A
Series 1 Units




Period
      Ended:
            
            September
      30
              2007
            
            
            December
      31
              2007
            
            
            March
      31
              2008Interest
      Income:
            
            $
            812
            
            
            $
            1,134
            
            
            $
            1,357Net
      Realized and Unrealized Gains (Losses):
            
            $
            3,185
            
            
            $
            14,491
            
            
            $
            50,077Expenses:
            
            $
            1,955
            
            
            $
            5,414
            
            
            $
            14,692Net
      Income (Loss):
            
            $
            2,043
            
            
            $
            10,212
            
            
            $
            36,742Increase
      (Decrease) in Net Asset Value per Unit
            
            $
            (0.82
            )
            
            $
            6.46
            
            
            $
            13.88





Class A
Series 2 Units




Period
      Ended:
            
            June
      30
              2007
            
            
            September
      30
              2007
            
            
            December
      31
              2007
            
            
            March
      31
              2008Interest
      Income:
            
            $
            113,383
            
            
            $
            105,078
            
            
            $
            99,125
            
            
            $
            77,542Net
      Realized and Unrealized Gains (Losses):
            
            $
            2,370,435
            
            
            $
            26,004
            
            
            $
            1,361,161
            
            
            $
            2,856,496Expenses:
            
            $
            635,393
            
            
            $
            202,688
            
            
            $
            434,346
            
            
            $
            777,160Net
      Income (Loss):
            
            $
            1,848,425
            
            
            $
            (71,606
            )
            
            $
            1,025,940
            
            
            $
            2,156,875Increase
      (Decrease) in Net Asset Value per Unit
            
            $
            12.32
            
            
            $
            (0.48
            )
            
            $
            6.84
            
            
            $
            14.39





There
were no extraordinary, unusual or infrequently occurring items recognized in any
quarter within the two most recent fiscal years.  There have been no
year-end adjustments that are material to the results of any fiscal quarter
reported above.




2


SIGNATURES




Pursuant
to the requirements of Section 13 or 15(d) of the Securities Exchange Act
of 1934, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, thereunto duly authorized, on the 15th day of July,
2008.




MAN-AHL
      130, LLCBy:
                Man
      Investments (USA) Corp.,
                  Managing
      MemberBy:
                /s/ Alicia
      B. DerrahAlicia
      B. DerrahChief
      Financial Officer


Pursuant
to the requirements of the Securities Exchange Act of 1934, this report has been
signed below by the following person on behalf of the Managing Member of the
Registrant in the capacities and on the date indicated.




Signature
                
                Title
      with
                  Managing
      Member
                Date/s/
      Alicia B. Derrah
                
                Chief
      Financial Officer
                July 15,
      2008Alicia
      B. Derrah
                
                (Principal
      Financial and Accounting Officer)


(Being
the principal financial officer and principal accounting officer of Man
Investments (USA) Corp.)




Man
Investments (USA) Corp.


Managing
Member of Registrant


July 15,
2008




By
 /s/ Alicia B.
Derrah


Alicia
B. Derrah


Chief
Financial Officer








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