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)       

                                  Directorate Change                               

    BH Global Limited ("the Company") is pleased to announce that Julia Chapman has
    agreed to join the Board of the Company with effect from 16 January 2017.

    Julia Chapman is a solicitor qualified in England & Wales and in Jersey with
    over 25 years' experience in the investment fund and capital markets sector. 
    After working at Simmons & Simmons in London, she moved to Jersey and became a
    partner of Mourant du Feu & Jeune (now Mourant Ozannes) in 1999.  She was then
    appointed general counsel to Mourant International Finance Administration (the
    firm's fund administration division).  Following its acquisition by State
    Street in April 2010, Julia was appointed European Senior Counsel for State
    Street's alternative investment business.  In July 2012, Julia left State
    Street to focus on the independent provision of directorship and governance
    services to a small number of investment fund vehicles (including GCP
    Infrastructure Investments Limited and Henderson Far East Income Limited).

    Sir Michael Bunbury, Chairman, commented: "We are delighted that Julia has
    accepted our invitation to join the Board, and we look forward to benefits her
    many years' experience as a director of both listed and unlisted funds will
    bring to the Company. 2016 was a strong year for the Company in terms of NAV
    uplift, and we are pleased by the feedback from investors and analysts noting
    the useful portfolio diversification benefits and downside volatility
    protection the Company offers in the current uncertain macroeconomic climate." 

    Enquiries:

    Company website:        www.bhglobal.com

    Northern Trust International Fund Administration Services (Guernsey) Limited
    The Company Secretary
    Tel:       +44 (0) 1481 745001