Share Conversion Request (October 2015)

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)

October 2015 Share Conversion

2 November 2015

 The Company has received (in aggregate) the following share conversion requests from shareholders for the 30 October 2015 Share Conversion Date:

155 GBP Shares to convert to US Dollar Shares 

Conversions will take place as soon as practicable after the Company's month-end net asset value figures for October 2015 are released. Converting shareholders will be notified upon conversion taking place, which will be no later than 25 business days after 30 October 2015.

Company website:         www.bhmacro.com

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited
Rebecca Booth
Tel:       [phone]