Net Asset Value(s)

BH Macro Limited
24 December 2007


                        BH MACRO LIMITED (the 'Company')
 (a closed-ended investment company incorporated in Guernsey with registration
                                 number 46235)


Announcement of Final Month-End Net Asset Values

As at the close of business on 30th November 2007 the month-end Net Asset Values
of each class of the Company's shares are as follows:

FUND NAME           NAV        SEDOL           NAV DATE
BH Macro Limited      $11.94   B1NPGV1         30th November 2007
BH Macro Limited        1196p  B1NP514         30th November 2007
BH Macro Limited      €11.81   B1NPGZ5         30th November 2007

The Net Asset Value figures in this announcement have been calculated by
Northern Trust International Fund Administration Services (Guernsey) Limited and
are based on unaudited valuations.

This document is for information purposes only and is not an offer to invest.
All investments are subject to risk. Past performance is no guarantee of future
returns. Prospective investors are advised to seek expert legal, financial, tax
and other professional advice before making any investment decisions.

Enquiries:

Northern Trust International Fund Administration Services (Guernsey) Limited

Harry Rouillard 44 (0)1481 745315

Date: 24th December 2007




                      This information is provided by RNS
            The company news service from the London Stock Exchange