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:	January 30, 2004			/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:	January 30, 2004			/s/ Galan G. Daukas 	----------------			------------------- 						Galan G. Daukas 						Chief Financial Officer <Page>