Director Declaration

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) Director Declaration 2 January 2015 In compliance with Listing Rule 9.6.14, BH Macro Limited announces that MrChristopher Legge, a Director, has informed the Company of the following: * that with effect from 1 January 2015, Mr Legge became a director of Schroder Global Real Estate Securities Limited, a company which has a premium listing segment of the Official List and trading on the London Stock Exchange's main market for listed securities. Enquiries: Company website: www.bhmacro.com Enquiries: Northern Trust International Fund Administration Services (Guernsey) LimitedAndrew MaidenTel: +44 (0) 1481 745368