TIDMBHMG TIDMBHME TIDMBHMU 
 
BH Macro Limited (the "Company") 
 
   (an authorised closed-ended collective investment scheme established as a 
  company with limited liability under the laws of Guernsey with registration 
                                 number 46235) 
 
                                19 October 2016 
 
                      Revised management fee arrangements 
 
The Company and its manager, Brevan Howard Capital Management LP (the 
"Manager"), have agreed that the Manager will waive its entitlement to a 
management fee in respect of any performance-related growth of the Company from 
3 October 2016 onwards. 
 
In addition, Brevan Howard Master Fund Limited will not charge the Company an 
operational services fee in respect of any performance-related growth of the 
Company's investment from 3 October 2016 onwards. 
 
The performance fee payable to the Manager by the Company will not be affected 
by these arrangements. 
 
Enquiries 
 
Brevan Howard: 
 
Dan Riggs 
020 7022 6236 
 
Northern Trust: 
 
Sharon Williams 
01481 745436 
 
 
 
END 
 

(END) Dow Jones Newswires

October 19, 2016 10:00 ET (14:00 GMT)

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