Conversion of Securities

BH Macro Limited
13 December 2007





                                BH MACRO LIMITED


13 December 2007


Attached is a link to a Share Conversion Notice.

http://www.rns-pdf.londonstockexchange.com/rns/8381j_-2007-12-13.pdf


Enquiries:
Northern Trust International Fund Administration Services (Guernsey) Limited


Eleanor Fitzgerald [phone]



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