SECTION 302 CERTIFICATIONS 		 -------------------------- I, Peter M. Lebovitz, certify that: 1.	I have reviewed this report on Form N-CSR of The Managers Funds; 2.	Based on my knowledge, this report does not contain any untrue 	statement of a material fact or omit to state a material fact 	necessary to make the statements made, in light of the 	circumstances under which such statements were made, not 	misleading with respect to the period covered by this report; 3.	Based on my knowledge, the financial statements, and other 	financial information included in this report, fairly present 	in all material respects the financial condition, results of 	operations, changes in net assets, and cash flows (if the 	financial statements are required to include a statement of 	cash flows) of the registrant as of, and for, the periods 	presented in this report; 4.	The registrant's other certifying officers and I are 	responsible for establishing and maintaining disclosure 	controls and procedures (as defined in Rule 30a-2(c) under the 	Investment Company Act of 1940) for the registrant and have: 	a) designed such disclosure controls and procedures to 	 ensure that material information relating to the registrant, 	 including its consolidated subsidiaries, is made known to 	 us by others within those entities, particularly during 	 the period in which this report is being prepared; 	b) evaluated the effectiveness of the registrant's 	 disclosure controls and procedures as of a date within 90 days 	 prior to the filing date of this report 	 (the "Evaluation Date"); and 	c) presented in this report our conclusions about the 	 effectiveness of the disclosure controls and procedures 	 based on our evaluation as of the Evaluation Date; 5.	The registrant's other certifying officers and I have 	disclosed, based on our most recent evaluation, to the 	registrant's auditors and the audit committee of the 	registrant's board of directors (or persons performing the 	equivalent functions); 	a) all significant deficiencies in the design or operation 	 of internal controls which could adversely affect the 	 registrant's ability to record, process, summarize, and 	 report financial data and have identified for the 	 registrant's auditors any material weaknesses in internal 	 controls; and 	b) any fraud, whether or not material, that involves 	 management or other employees who have a significant role 	 in the registrant's internal controls; and <Page> 6.	The registrant's other certifying officers and I have 	indicated in this report whether or not there were significant 	changes in internal controls or in other factors that could 	significantly affect internal controls subsequent to the date 	of our most recent evaluation, including any corrective 	actions with regard to significant deficiencies and material 	weaknesses. Date:	August 26, 2003 	--------------- /s/ Peter M. Lebovitz - --------------------- Peter M. Lebovitz President <Page> 		 SECTION 302 CERTIFICATIONS 		 -------------------------- I, Galan G. Daukas, certify that: 1.	I have reviewed this report on Form N-CSR of The Managers Funds; 2.	Based on my knowledge, this report does not contain any untrue 	statement of a material fact or omit to state a material fact 	necessary to make the statements made, in light of the 	circumstances under which such statements were made, not 	misleading with respect to the period covered by this report; 3.	Based on my knowledge, the financial statements, and other 	financial information included in this report, fairly present 	in all material respects the financial condition, results of 	operations, changes in net assets, and cash flows (if the 	financial statements are required to include a statement of 	cash flows) of the registrant as of, and for, the periods 	presented in this report; 4.	The registrant's other certifying officers and I are 	responsible for establishing and maintaining disclosure 	controls and procedures (as defined in Rule 30a-2(c) under the 	Investment Company Act of 1940) for the registrant and have: 	a) designed such disclosure controls and procedures to 	 ensure that material information relating to the registrant, 	 including its consolidated subsidiaries, is made known to 	 us by others within those entities, particularly during 	 the period in which this report is being prepared; 	b) evaluated the effectiveness of the registrant's 	 disclosure controls and procedures as of a date within 90 days 	 prior to the filing date of this report 	 (the "Evaluation Date"); and 	c) presented in this report our conclusions about the 	 effectiveness of the disclosure controls and procedures 	 based on our evaluation as of the Evaluation Date; 5.	The registrant's other certifying officers and I have 	disclosed, based on our most recent evaluation, to the 	registrant's auditors and the audit committee of the 	registrant's board of directors (or persons performing the 	equivalent functions); 	a) all significant deficiencies in the design or operation 	 of internal controls which could adversely affect the 	 registrant's ability to record, process, summarize, and 	 report financial data and have identified for the 	 registrant's auditors any material weaknesses in internal 	 controls; and 	b) any fraud, whether or not material, that involves 	 management or other employees who have a significant role 	 in the registrant's internal controls; and <Page> 6.	The registrant's other certifying officers and I have 	indicated in this report whether or not there were significant 	changes in internal controls or in other factors that could 	significantly affect internal controls subsequent to the date 	of our most recent evaluation, including any corrective 	actions with regard to significant deficiencies and material 	weaknesses. Date:	August 26, 2003 	--------------- /s/ Galan G. Daukas - ------------------- Galan G. Daukas Chief Financial Officer <Page>