| [X] |   QUARTERLY                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------|

| [  ] |   TRANSITION                  REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE                  ACT OF                  1934 |
|----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------|

----

| Delaware                                                                                                                                                   |   |  84-1676365                                         |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------------------|
|  (State                  or other jurisdiction of incorporation or organization)                                                                           |   |  (IRS                  Employer Identification No.) |
|                                                                                                                                                            |   |                                                     |
| c/o                  Man Investments (USA) Corp.123                  North Waker Drive28th                  FloorChicago,                  Illinois   |   |  60606                                              |
| (Address                of principal executive offices)                                                                                                    |   | (Zip                  Code)                         |
|                                                                                                                                                            |   |                                                     |
| (312)                881-6800                                                                                                                              |   |                                                     |
| (Registrant’s                  telephone number, including area code)                                                                                |   |                                                     |

----

**PART        I - FINANCIAL INFORMATION**

**ITEM        1.                      Financial        Statements**

| (a)   | At                  September 30, 2007 (unaudited) and March 31,                  2007 |
|-----------------|----------------------------------------------------------------------------------------|

| (b)   | For                  the three months ended September 30, 2007 and 2006 (unaudited)                  and for the                  six months ended September 30, 2007 and 2006                  (unaudited) |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | For                  the six months ended September 30, 2007 and 2006                  (unaudited) |
|-----------------|----------------------------------------------------------------------------------------------------|

----

| **MAN-AHL                  130, LLC**                                                                              |   |                                |       |   |                            |   |
|--------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|------------|--------|---------------------------------|--------|
|                                                                                                               |   |                                |       |   |                            |   |
| **STATEMENTS                  OF FINANCIAL CONDITION**                                                             |   |                                |       |   |                            |   |
|                                                                                                               |   |                                |       |   |                            |   |
|                                                                                                               |   | September                  30, 2007 |       |   |                            |   |
|                                                                                                               |   | (unaudited)                         |       |   | March                  31, 2007 |   |
| **ASSETS**                                                                                                         |   |                                |       |   |                            |   |
|                                                                                                               |   |                                |       |   |                            |   |
| Equity                  in commodity futures and forwards                                                          |   |                                |       |   |                            |   |
|  trading                  accounts:                                                                           |   |                                |       |   |                            |   |
| Net                  unrealized trading gains on open   derivatives                  contracts      |   | $                                   | 1,069,824  |   |                            | $      | - |   |
|    Due                  from affiliated broker                                                      |   |                                | 3,786,454  |   |                            |   | - |   |
|                                                                                                               |   |                                | 4,856,278  |   |                            |   | - |   |
| Investment                  in Man-Glenwood Lexington, LLC,                                                        |   |                                |       |   |                            |   |   |   |
|    at                  fair value (cost $4,977,870)                                                 |   |                                | 4,971,659  |   |                            |   | - |   |
| Cash                  and cash equivalents                                                                         |   |                                | 6,643,049  |   |                            |   | 10,000 |   |
| Advance                  subscription to Man-Glenwood   Lexington,                  LLC             |   |                                | 253,300    |   |                            |   | - |   |
| Redemption                  receivable from Man-Glenwood   Lexington,                  LLC          |   |                                | 522,678    |   |                            |   |   |   |
| Expense                  reimbursement receivable                                                                  |   |                                | 110,620    |   |                            |   | - |   |
| Interest                  receivable                                                                               |   |                                | 10,346     |   |                            |   | - |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| TOTAL                                                                                                              |   | $                                   | 17,367,930 |   |                            | $      | 10,000 |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| **LIABILITIES                  & MEMBERS' EQUITY**                                                             |   |                                |       |   |                            |   |   |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| Management                  fees payable                                                                           |   |                                | 112,444    |   |                            |   | - |   |
| Client                  servicing fees payable                                                                     |   |                                | 406        |   |                            |   |   |   |
| Affiliated                  brokerage commission payable                                                           |   |                                | 64,904     |   |                            |   | - |   |
| Accrued                  professional fees payable                                                                 |   |                                | 159,713    |   |                            |   | - |   |
| Accrued                  administrative fees payable                                                               |   |                                | 75,000     |   |                            |   |   |   |
| Other                  liabilities                                                                                 |   |                                | 1,600      |   |                            |   | - |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| Total                  liabilities                                                                                 |   |                                | 414,067    |   |                            |   | - |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| **MEMBERS'                  EQUITY**                                                                               |   |                                |       |   |                            |   |   |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| Class                  A Series 1 Member                                                                           |   |                                |       |   |                            |   |   |   |
| (1,587.857                  and 0 units outstanding, respectively)                                                 |   |                                | 177,043    |   |                            |   | - |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| Class                  A Series 2 Member                                                                           |   |                                |       |   |                            |   |   |   |
| (150,000.000                  and 0 units outstanding, respectively)                                               |   |                                | 16,776,820 |   |                            |   | 10,000 |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| Total                  Members' equity                                                                             |   |                                | 16,953,863 |   |                            |   | 10,000 |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| TOTAL                                                                                                              |   | $                                   | 17,367,930 |   |                            | $      | 10,000 |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| NET                  ASSET VALUE PER UNIT OUTSTANDING -   CLASS                  A SERIES 1 MEMBERS |   | $                                   | 111.498    |   |                            | $      | - |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| NET                  ASSET VALUE PER UNIT OUTSTANDING -   CLASS                  A SERIES 2 MEMBERS |   | $                                   | 111.845    |   |                            | $      | - |   |
|                                                                                                               |   |                                |       |   |                            |   |   |   |
| See                  notes to financial statements.                                                                |   |                                |       |   |                            |   |   |   |

----

| **MAN-AHL                  130, LLC**                                                                                                                                                                                                 |   |                                |     |   |                                |   |   |                                |   |   |                                |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|----------|--------|-------------------------------------|--------|--------|-------------------------------------|--------|--------|-------------------------------------|--------|
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |
| **STATEMENTS                  OF OPERATIONS (UNAUDITED)**                                                                                                                                                                             |   |                                |     |   |                                |   |   |                                |   |   |                                |   |
|                                                                                                                                                                                                                                  |   | For                  the three      |     |   | For                  the three      |   |   | For                  the six        |   |   | For                  the six        |   |
|                                                                                                                                                                                                                                  |   | months                  ended       |     |   | months                  ended       |   |   | months                  ended       |   |   | months                  ended       |   |
|                                                                                                                                                                                                                                  |   | September                  30, 2007 |     |   | September                  30, 2006 |   |   | September                  30, 2007 |   |   | September                  30, 2006 |   |
| INVESTMENT                  INCOME:                                                                                                                                                                                                   |   |                                |     |   |                                |   |   |                                |   |   |                                |   |
| Interest                  income                                                                                                                                                                                                      |   | $                                   | 105,891  |   |                                | $      | -      |                                |   | $      | 219,274                             |   |   | $ | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| EXPENSES:                                                                                                                                                                                                                             |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Management                  fees                                                                                                                                                                                                      |   |                                | 112,444  |   |                                |   | -      |                                |   |   | 225,276                             |   |   |   | - |   |
| Incentive                  fees                                                                                                                                                                                                       |   |                                | -        |   |                                |   | -      |                                |   |   | 426,088                             |   |   |   |   |   |
| Client                  servicing fees                                                                                                                                                                                                |   |                                | 406      |   |                                |   |   |                                |   |   | 406                                 |   |   |   |   |   |
| Affiliated                  brokerage commissions                                                                                                                                                                                     |   |                                | 69,471   |   |                                |   | -      |                                |   |   | 141,199                             |   |   |   | - |   |
| Professional                  fees                                                                                                                                                                                                    |   |                                | 90,417   |   |                                |   | -      |                                |   |   | 189,167                             |   |   |   | - |   |
| Administrative                  fees                                                                                                                                                                                                  |   |                                | 37,500   |   |                                |   | -      |                                |   |   | 75,000                              |   |   |   | - |   |
| Other                                                                                                                                                                                                                                 |   |                                | 5,025    |   |                                |   | -      |                                |   |   | 9,670                               |   |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| TOTAL                  EXPENSE                                                                                                                                                                                                        |   |                                | 315,263  |   |                                |   | -      |                                |   |   | 1,066,806                           |   |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Less                  reimbursed expenses                                                                                                                                                                                             |   |                                | (110,620 | )      |                                |   | -      |                                |   |   | (226,770                            | )      |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  expenses                                                                                                                                                                                                         |   |                                | 204,643  |   |                                |   | -      |                                |   |   | 840,036                             |   |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| NET                  INVESTMENT LOSS                                                                                                                                                                                                  |   |                                | (98,752  | )      |                                |   | -      |                                |   |   | (620,762                            | )      |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| NET                  REALIZED AND UNREALIZED GAINS ON                  INVESTMENTS AND FOREIGN CURRENCY:                                                                                                                    |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  realized trading gains (losses) on closed derivatives   contracts                  and foreign currency transactions                                                                              |   |                                | (5,183   | )      |                                |   | -      |                                |   |   | 1,336,665                           |   |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  change in unrealized trading gains on open   derivatives                  contracts and translation of assets   and                  liabilities denominated in foreign currencies |   |                                | 142,748  |   |                                |   | -      |                                |   |   | 1,069,824                           |   |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  realized losses on investment in   Man-Glenwood                  Lexington, LLC                                                                                                                   |   |                                | (653     | )      |                                |   |   |                                |   |   | (653                                | )      |   |   |   |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  change in unrealized depreciation on investment in   Man-Glenwood                  Lexington, LLC                                                                                                 |   |                                | (107,722 | )      |                                |   | -      |                                |   |   | (6,211                              | )      |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| NET                  REALIZED AND UNREALIZED GAINS   ON                  INVESTMENTS AND FOREIGN   CURRENCY                                                                                             |   |                                | 29,190   |   |                                |   | -      |                                |   |   | 2,399,625                           |   |   |   | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  income (loss)                                                                                                                                                                                                    |   | $                                   | (69,562  | )      |                                | $      | -      |                                |   | $      | 1,778,863                           |   |   | $ | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  income (loss) per unit outstanding - Class A Series 1                                                                                                                                                            |   | $                                   | 1.699    |   |                                | $      | -      |                                |   | $      | 3.379                               |   |   | $ | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  income (loss) per unit outstanding - Class A Series 2                                                                                                                                                            |   | $                                   | (0.478   | )      |                                | $      | -      |                                |   | $      | 11.845                              |   |   | $ | - |   |
|                                                                                                                                                                                                                                  |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| See                  notes to financial statements                                                                                                                                                                                    |   |                                |     |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |

----

| **MAN-AHL                  130, LLC** |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|---------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|
|                                  |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

| **STATEMENTS                  OF CHANGES IN MEMBERS' EQUITY (UNAUDITED)**   |   |   |   |   |   |   |   |   |   |   |   |   |   |
|---------------------------------------------------------------------------------------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|--------|

| **FOR                  THE SIX MONTHS ENDED SEPTEMBER 30, 2007**                                              |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |
|---------------------------------------------------------------------------------------------------------------|--------|-----------------------------------------------------------|---------|--------|-----------------------------------------------------------|--------|-----------|-------------------------------|--------|--------|------------|--------|--------|--------|-------------|--------|
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |
|                                                                                                          |   | CLASS                  A SERIES 1          |    |   | CLASS                  A SERIES 2          |   |      | TOTAL          |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |
|                                                                                                          |   | Amount                                                    |    |   | Units                                                     |   |      | Amount                        |   |   | Units      |   |   | Amount |        |   | Units |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |
| Member's                  equity at April 1, 2007                                                             |   |                                                      | -       |   |                                                      |   | -         |                          |   | $      | 10,000     |   |   |   | -           |   |   | $ | 10,000 |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Subscriptions                                                                                                 |   | $                                                         | 175,000 |   |                                                      |   | 1,587.857 |                          |   | $      | 14,990,000 |   |   |   | 150,000.000 |   |   | $ | 15,165,000 |   |   |   | 151,587.857 |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Redemptions                                                                                                   |   | $                                                         | -       |   |                                                      |   | -         |                          |   | $      | -          |   |   |   | -           |   |   | $ | - |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Net                  income                                                                                   |   | $                                                         | 2,043   |   |                                                      |   | -         |                          |   | $      | 1,776,820  |   |   |   | -           |   |   | $ | 1,778,863 |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Member's                  equity at September 30, 2007                                                        |   | $                                                         | 177,043 |   |                                                      |   | 1,587.857 |                          |   | $      | 16,776,820 |   |   |   | 150,000.000 |   |   | $ | 16,953,863 |   |   |   | 151,587.857 |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| NET                  ASSET VALUE PER UNIT OUTSTANDING   AT                  SEPTEMBER 30, 2007 |   | $                                                         | 111.498 |   |                                                      |   |      |                          |   | $      | 111.845    |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| **FOR                  THE SIX MONTHS ENDED SEPTEMBER 30, 2006**                                              |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   | CLASS                  A SERIES 1     |    |   | CLASS                  A SERIES 2     |   |      | TOTAL     |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   | Amount                                                    |    |   | Units                                                     |   |      | Amount                        |   |   | Units      |   |   | Amount |        |   | Units |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Member's                  equity at April 1, 2006                                                             |   | $                                                         | -       |   |                                                      |   | -         |                          |   | $      | 10,000     |   |   |   | -           |   |   | $ | 10,000 |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Subscriptions                                                                                                 |   | $                                                         | -       |   |                                                      |   | -         |                          |   | $      | -          |   |   |   | -           |   |   | $ | - |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Redemptions                                                                                                   |   | $                                                         | -       |   |                                                      |   | -         |                          |   | $      | -          |   |   |   | -           |   |   | $ | - |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Net                  income                                                                                   |   | $                                                         | -       |   |                                                      |   | -         |                          |   | $      | -          |   |   |   | -           |   |   | $ | - |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| Member's                  equity at September 30, 2006                                                        |   | $                                                         | -       |   |                                                      |   | -         |                          |   | $      | 10,000     |   |   |   | -           |   |   | $ | 10,000 |   |   |   | - |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
|                                                                                                          |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |
| See                  notes to financial statements.                                                           |   |                                                      |    |   |                                                      |   |      |                          |   |   |       |   |   |   |        |   |   |   |   |   |   |   |   |   |

----

| **MAN-AHL130,                  LLC**                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------------------------------|-----------|--------|-------------------------------------|--------|--------|-------------------------------------|--------|--------|-------------------------------------|--------|
| **Statements                  of Cash Flows (unaudited)**                                                                                                                    |   |                                |      |   |                                |   |   |                                |   |   |                                |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |
|                                                                                                                                                                         |   | For                  the three      |      |   | For                  the three      |   |   | For                  the six        |   |   | For                  the six        |   |
|                                                                                                                                                                         |   | months                  ended       |      |   | months                  ended       |   |   | months                  ended       |   |   | months                  ended       |   |
|                                                                                                                                                                         |   | September                  30, 2007 |      |   | September                  30, 2006 |   |   | September                  30, 2007 |   |   | September                  30, 2006 |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |
| CASH                  FLOWS FROM OPERATING ACTIVITIES:                                                                                                                       |   |                                |      |   |                                |   |   |                                |   |   |                                |   |
|   Net                  income (loss)                                                                                                                               |   | $                                   | (69,562   | )      |                                | $      | -      |                                |   | $      | 1,778,863                           |   |   | $ | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|   Adjustments                  to reconcile net income (loss) to                                                                                                   |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|     net                  cash used in operating activities:                                                                                              |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| Net                  change in unrealized trading gains (losses) on open derivative                  contracts                  and foreign currency transactions            |   |                                | (142,748  | )      |                                |   | -      |                                |   |   | (1,069,824                          | )      |   |   | - |   |
| Purchase                  of investment in Man-Glenwood Lexington, LLC                                                                                                       |   |                                | (392,095  | )      |                                |   | -      |                                |   |   | (5,754,501                          | )      |   |   | - |   |
| Realized                  losses on investment in Man-Glenwood Lexington, LLC                                                                                                |   |                                | 653       |   |                                |   |   |                                |   |   | 653                                 |   |   |   |   |   |
| Net                  unrealized depreciation on investment in Man-Glenwood Lexington,                  LLC                                                                   |   |                                | 107,722   |   |                                |   | -      |                                |   |   | 6,211                               |   |   |   | - |   |
| Changes                  in:                                                                                                                                                 |   |                                |      |   |                                |   | -      |                                |   |   |                                |   |   |   | - |   |
|   Due                  from affiliated broker                                                                                                                      |   |                                | 8,646     |   |                                |   | -      |                                |   |   | (3,786,454                          | )      |   |   | - |   |
|   Expense                  reimbursement receivable                                                                                                                |   |                                | 5,530     |   |                                |   |   |                                |   |   | (110,620                            | )      |   |   |   |   |
|   Interest                  receivable                                                                                                                             |   |                                | 1,474     |   |                                |   | -      |                                |   |   | (10,346                             | )      |   |   | - |   |
|   Management                  fees payable                                                                                                                         |   |                                | (388      | )      |                                |   | -      |                                |   |   | 112,444                             |   |   |   | - |   |
|   Incentive                  fees payable                                                                                                                          |   |                                | (426,088  | )      |                                |   | -      |                                |   |   | -                                   |   |   |   | - |   |
|   Affiliated                  brokerage commissions payable                                                                                                        |   |                                | 30,601    |   |                                |   | -      |                                |   |   | 64,904                              |   |   |   | - |   |
|   Accrued                  professional fees payable                                                                                                               |   |                                | 60,963    |   |                                |   | -      |                                |   |   | 159,713                             |   |   |   | - |   |
|   Accrued                  administrative fees payable                                                                                                             |   |                                | 37,500    |   |                                |   |   |                                |   |   | 75,000                              |   |   |   |   |   |
|   Client                  servicing fees payable                                                                                                                   |   |                                | 406       |   |                                |   |   |                                |   |   | 406                                 |   |   |   |   |   |
|   Other                  liabilities                                                                                                                               |   |                                | 1,600     |   |                                |   | -      |                                |   |   | 1,600                               |   |   |   | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                    Net                  cash used in operating activities     |   |                                | (775,786  | )      |                                |   | -      |                                |   |   | (8,531,951                          | )      |   |   | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| FINANCING                  ACTIVITIES:                                                                                                                                       |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|               Capital                  subscriptions                                                   |   |                                | 125,000   |   |                                |   | -      |                                |   |   | 15,165,000                          |   |   |   | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                    Net                  cash provided by financing activities |   |                                | 125,000   |   |                                |   | -      |                                |   |   | 15,165,000                          |   |   |   | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| NET                  INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS                                                                                                        |   |                                | (650,786  | )      |                                |   | -      |                                |   |   | 6,633,049                           |   |   |   | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS - Beginning of  period                                                                                                  |   |                                | 7,293,835 |   |                                |   | 10,000 |                                |   |   | 10,000                              |   |   |   | 10,000 |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| CASH                  AND CASH EQUIVALENTS - End of period                                                                                                                   |   | $                                   | 6,643,049 |   |                                | $      | 10,000 |                                |   | $      | 6,643,049                           |   |   | $ | 10,000 |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| CASH                  INTEREST PAID DURING THE PERIOD                                                                                                                        |   | $                                   | 1,780     |   |                                | $      | -      |                                |   | $      | 4,425                               |   |   | $ | - |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
| See                  notes to financial statements.                                                                                                                          |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |
|                                                                                                                                                                         |   |                                |      |   |                                |   |   |                                |   |   |                                |   |   |   |   |   |

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| **1.  ** | **ORGANIZATION** |
|--------------------|------------------|

|   | Man-AHL                130, LLC commenced trading on April 2, 2007 and operates as a commodity                investment pool. |
|--------|--------------------------------------------------------------------------------------------------------------------------------|

|   | Beginning                July 1, 2007, Class A Series 1 units were issued at the current net                asset                value of Class A Series 2 units of $112.323.  Series 1 units are                subject to a 1.25% per annum client servicing fee payable to Man                Investments Inc. (“MII”), calculated monthly and paid quarterly in                arrears, on the month-end net asset value of Class A Series 1 units,                subject to a maximum commission receipt to MII of 10% of the subscription                price of each unit. |
|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | The                Managing Member’s investment was designated as Class A Series 2 units upon                commencement of trading.  All outstanding Class A Series 2 units                currently outstanding are owned by the Managing                Member. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| **2.  ** | **SIGNIFICANT                ACCOUNTING POLICIES** |
|--------------------|----------------------------------------------------|

|   | The                Company’s financial statements are prepared in conformity with accounting                principles generally accepted in the United States of                America.  The preparation of financial statements requires the                Company to make estimates and assumptions that affect the reported                amounts                of assets and liabilities and disclosure of contingent assets and                liabilities at the date of the financial statements and the reported                amounts of revenues and expenses during the period.  Actual                results could differ from those                estimates. |
|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

*Cash      and cash equivalents – *

*Interest      income and expenses*

*Due      from affiliated broker*

*Expense      reimbursement*

*Affiliated      brokerage commission expense *

----

*Foreign      currency – *

*Investments*

*Calculation      of Net Incomer Per Unit *

*Recently      Issued Accounting Pronouncements – *

| **3. ** | ** TRADING                ACTIVITIES AND RELATED                RISKS** |
|--------------|------------------------------------------------------------------------------|

|   | The                Company trades derivative financial instruments that involve varying                degrees of market and credit risk. Market risks may arise from unfavorable                changes in interest rates, foreign exchange rates, or the market                values of                the instruments underlying the contracts. All contracts are stated                at                market or fair value, and changes in those values are reflected in                the                change in net unrealized gains (losses) on open contracts in the                statements of operations. |
|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| **4.  ** | **PARTNERSHIP                TAXES** |
|--------------------|--------------------------------------|

| **ITEM                2.** | **Management's                Discussion and Analysis of Financial Condition and Results of                Operations** |
|----------------------------|-------------------------------------------------------------------------------------------------------------------------|

**Introduction**

**Operational      Overview**

**Capital      Resources and Liquidity**

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**Results      of Operations**

|                             |   | 30-Sep-07   | 30-Jun                -07 | 31-Mar                -07 |   |   |   |
|----------------------------------|--------|-------------|---------------------------|---------------------------|--------|--------|--------|
| Ending              Equity  |   | $16,953,863 | $16,848,425               | $10,000                   |   |   |   |

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**ITEM      3.                      Quantitative      and Qualitative Disclosures About Market Risk**

**ITEM      4.                      Controls      and Procedures**

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**ITEM      4T.                      Controls      and Procedures**

**PART      II - OTHER INFORMATION**

**Item      1.                      Legal      Proceedings.**

**Item      1A. Risk Factors**

**Item      2.    Unregistered Sales of Equity Securities and Use of      Proceeds.**

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**Item      3.   Defaults upon Senior Securities.**

**Item      4.   Submissions of Matters to a Vote of Security      Holders.**

**Item      5.   Other Information.**

**Item      6.   Exhibits.**

| 10.02 | Form                of Customer Agreement between the Registrant and Man Financial                Inc. |
|-------|--------------------------------------------------------------------------------------------------------|

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| 10.01 | Form                of Administration Agreement between Man-AHL 130 and the                Administrator. |
|-------|-----------------------------------------------------------------------------------------------------------|

| 1.01     | Form                of General Distributor’s Agreement between the Registrant and Man                Investments Inc.           |   |
|----------|---------------------------------------------------------------------------------------------------------------------------------------|--------|
|     |                                                                                                                                  |   |
| 3.02     | Limited                Liability Company Agreement of the Registrant (amended).                                                       |   |
|     |                                                                                                                                  |   |
| 10.02(a) | Addendum                to the Form of Customer Agreement between the Registrant and Man                Financial                Inc. |   |
|     |                                                                                                                                  |   |
| 10.03    | Form                of Trading Advisory Agreement between Registrant and Man-AHL (USA)                Ltd.                (amended).  |   |
|     |                                                                                                                                  |   |
| 10.04    | Form                of Escrow Agreement among the Registrant, the Managing Member and                the                Escrow Agent. |   |
|     |                                                                                                                                  |

**SIGNATURES**

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