TIDMBHCG TIDMBHCU 
 
BH Credit Catalysts Limited (the "Company") 
 
       (a closed-ended investment scheme established as a company with 
  limited liability under the laws of Guernsey with registered number 52520) 
 
                        December 2014 Share Conversion 
 
                                2 January 2015 
 
The Company has received (in aggregate) the following share 
conversion requests from shareholders for the 31 December 2014 Share 
Conversion Date: 
 
- 40,000 US Dollar shares to be converted to Sterling shares 
 
Conversions will take place as soon as practicable after the 
Company's month-end net asset value figures for December 2014 are released. 
Converting shareholders will be notified upon conversion taking place, which 
will be no later than 25 business days after 31 December 2014. 
 
Company website: www.bhcreditcatalyts.com 
 
Enquiries: 
 
Northern Trust International Fund Administration Services (Guernsey) Limited 
Andrew Maiden 
Tel: +44 (0)1481 745368
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