Transparency Reporting

BH Global Limited (the "Company")

(a closed-ended investment scheme established as a company with limited liability under the laws of Guernsey with registered number 48555)

Transparency Reporting

29 April 2014

As an investor in Brevan Howard Global Opportunities Master Fund Limited (the "Master Fund"), the Company has exposure to investments by the Master Fund, directly or indirectly, in a series of other master funds managed by Brevan Howard (the "Target Funds"). The Company has received from International Fund Services, the administrator of certain of the Target Funds, a series of Investor Transparency Reports relating to the Net Asset Value of those Target Funds it administers as at 31March 2014. The reports are available on the Company's website, which can be accessed at www.bhglobal.com.

Enquiries:

Company website: www.bhglobal.com

Northern Trust International Fund Administration Services (Guernsey) Limited

Andrew Maiden

Tel: +44 (0) 1481 745368