Statement 1: This information alone is not sufficient to determine Manisha's exact age, as we only know the age difference between her and her mother but not their specific ages.

Statement 2: This gives us an equation involving their ages in the future. However, without knowing the age difference or any specific value, we cannot determine the exact age of either Manisha or her mother from this statement alone.

Combining Both Statements: Using both statements together, we set up the equation:

1. Manisha’s mother’s age = $M + 24$
2. From Statement 2: $\frac{M + 5}{M + 29} = \frac{3}{5}$

With these, we can solve for $M$, which represents Manisha's age.