Notice to EUR Shareholders

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)

Euro Class Closure

13 May 2014

Further to the announcement made on 1 May 2014 that the Company's Euro share class will be closed, the Company announces that a further notice has been sent today to holders of Euro shares who have not already made an election to convert or redeem their Euro shares pursuant to the Euro class closure process.

Such Euro shareholders will have until 30 May 2014 to determine whether they wish either to convert their shares into Sterling or US dollar shares or to have their shares redeemed on the same terms as the other Euro shares which are being redeemed pursuant to the Euro class closure process. Euro shares belonging to shareholders who do not respond by 30 May 2014 will be converted into Sterling shares.

Euro shareholders who have already notified the Company of their decision to convert or redeem their Euro shares on or before 25 April 2014 are not required to take any further action.

Enquiries:

Company website: www.bhglobal.com

Northern Trust International Fund Administration Services (Guernsey) Limited

Andrew Maiden

Tel: +44 (0) 1481 745368