BH Global Limited (the "Company")                       
      (a closed-ended collective investment scheme established as a company with   
      limited liability under the laws of Guernsey with registered number 48555)   

                              July 2015 Share Conversion                           

                                     3 August 2015                                 

    The Company has received (in aggregate) the following share conversion requests
    from shareholders for the 31 July 2015 Share Conversion Date:

    - 4,928 Sterling Shares to be converted to US Dollar Shares

    Conversions will take place as soon as practicable after the Company's
    month-end net asset value figures for July 2015 are released. Converting
    shareholders will be notified upon conversion taking place, which will be no
    later than 25 business days after 3 August 2015.

    Company website:         www.bhglobal.com

    Enquiries:

    Northern Trust International Fund Administration Services (Guernsey) Limited
    Sharon A Williams
    Tel: +44 (0) 1481 745436