Holding(s) in Company

BH Macro Limited
30 October 2007


TR-1: notification of major interests in shares

1. Identity of the issuer or the underlying       BH Macro Limited
issuer of existing shares to which voting rights  --------------------
are attached:
-------------------------------
2. Reason for the notification (please tick the appropriate box or
boxes)                                                                   -------
--------------------------------------------
An acquisition or disposal of voting rights                              x
--------------------------------------------                             -------
An acquisition or disposal of financial instruments which may result in  
the acquisition of shares already issued to which voting rights are      -------
attached
--------------------------------------------
An event changing the breakdown of voting rights                         
--------------------------------------------                             -------
Other (please specify):                                                  
--------------------------------------------                             -------
3. Full name of person(s) subject to the          Merrill Lynch (UK) Pension Plan
notification obligation:                          --------------------
-------------------------------
4. Full name of shareholder(s) (if different from
3.):                                              --------------------
-------------------------------
5. Date of the transaction (and date on which the 25th October 2007
threshold is crossed or reached if different):    --------------------
-------------------------------
6. Date on which issuer notified:                 29th October 2007
-------------------------------                   --------------------
7. Threshold(s) that is/are crossed or reached:   Gone above 3%
-------------------------------                   --------------------
8. Notified details:
-------------------------------                   --------------------

A: Voting rights attached to shares
Class/type   Situation previous to  Resulting situation after the triggering
of shares    the Triggering         transaction
             transaction
if possible
using the    Number of  Number of   Number of  Number of voting    % of voting
ISIN CODE    Shares     Voting      shares     rights              rights
                        Rights      Direct     Direct     Indirect Direct  Indirect
GG00B1NP5142  360,000     360,000    437,993    437,993   N/A       3.13%  N/A



B: Financial Instruments
Resulting situation after the triggering transaction
Type of     Expiration Exercise/     Number of voting rights that may   % of
financial   date       Conversion    be acquired if the instrument is   voting
instrument             Period/ Date  exercised/ converted.              rights


Total (A+B)
Number of voting rights                      % of voting rights
          437,993                                3.13%




9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease to hold:

12. Date on which proxy holder will cease to hold voting rights:

13. Additional information:

14. Contact name:

15. Contact telephone number:








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