Compliance with Model Code

BH Macro Limited (the "Company")
(a closed-ended collective investment scheme established as a company with limited liability under the laws of Guernsey with registered number 46235)

Compliance with the Model Code
1 July 2016

Pursuant to Listing Rule 15.5.1 R (Compliance with the Model Code) the Company hereby wishes to notify the market that a close period of the Company commenced today, 1 July 2016 and, subject as will be amended by the introduction of the EU Market Abuse Regulation on 3 July 2016, is anticipated to end following the release of the interim results on or before 26 August 2016.

In accordance with Listing Rule 15.5.1 (4), the Company confirms that weekly NAVs have been and will continue to be notified to the Exchange and that the Directors and the Company are not in possession of any additional price sensitive information that has not been notified to the Exchange. 

Enquiries:

Company website:        www.bhmacro.com

Northern Trust International Fund Administration Services (Guernsey) Limited
Sharon A Williams
Tel:       [phone]