Correction: Conversion of Securities

This announcement is supplemental to a “Conversion of Securities” announcement regarding the completion of the 31 January 2020 Share Conversion, released at 16:00 on 27 February 2020.

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)

LEI: 549300ZOFF0Z2CM87C29

Completion of 31 January 2020 Share Conversion - Correction

3 March 2020

The following amendment is made to the penultimate paragraph:

  US Dollar Share  0.7606

  Sterling Share  1.4710

In place of the erroneous figures:

            US Dollar Share: 0.7856

                                                                                              Sterling Share:    1.2729

The corrected text of the entire paragraph is as follows:

“The number of votes each share in the Company is entitled to on a poll at any general meeting of the Company was published by the Company on 9 March 2007 and will not change as a result of the conversions. These are:

US Dollar Share  0.7606

Sterling Share  1.4710”

Company website:   www.bhmacro.com

Enquiries:

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: [phone]