BHGE BH Global Eur

                       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

                                21 January 2015

On 21 January 2015 the Company purchased the following amount of shares:

  * 5,237 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
    12.6200 per Sterling Share.

These shares will be held as treasury shares. Following the above transactions
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 transactions  held in treasury following the
described above                         transactionsas described above

580,806 US Dollar Shares                6,984,093 US Dollar Shares

2,623,556 Sterling Shares               27,224,796 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 21 January 2015, the total number of voting rights in the Company (rounded
to the nearest whole number) is 60,875,577.

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