BHGG Bh Global Limited

                       BH Global Limited (the "Company")

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

                           Transaction in Own Shares

                               11 December 2014

On 11 December 2014 the Company purchased the following amount of shares:

  * 9,000 ordinary shares of no par value in the value in the capital of the
    Company designated as Sterling shares ("Sterling Shares") at a price of GBP
    12.3250 per Sterling Share.

These shares will be held as treasury shares.

On 11 December 2014, the Company also cancelled 650,000 Sterling Treasury
shares.

Following the purchase and cancellation of the relevant US Dollar and Sterling
Shares, the total number of shares in issue in each share class of the Company
will be as follows:

Total number of treasury shares held by Number of shares in issue less shares
the Company following the above         held in treasury following the
transactionas described above           transactionas described above

570,806 US Dollar Shares                6,737,318 US Dollar Shares

2,418,319 Sterling Shares               27,592,322 Sterling Shares

The number of votes each share in the Company is entitled to on a poll at any
general meeting of the Company was published by the Company on 23 May 2008 and
will not change as a result of the purchase. These are:

US Dollar Share  1

Sterling Share   1.97950

From 11 December 2014, the total number of voting rights in the Company
(rounded to the nearest whole number) is 61,356,319.

Enquiries:

William Simmonds
JPMorgan Cazenove
Tel: 020 7588 2828

David Yovichic
Canaccord Genuity Limited
Tel: 0207 523 8361

The Company Secretary
Northern Trust International Fund Administration Services (Guernsey) Limited
Tel: 01481 745368