BH CREDIT CATALYSTS LIMITED - Result of EGM

                  BH Credit Catalysts Limited (the "Company")

  (a closed-ended collective investment scheme established as a company with
  limited liability under the laws of Guernsey with registered number 52520)

                   Results of Extraordinary General Meeting

                               19 December 2014

The Company is pleased to announce that at the extraordinary general meeting
held on 19 December 2014, all four resolutions (the "Resolutions") set out in
the notice of meetingaccompanying the shareholder circular dated 28 November
2014 (the "Circular") were duly passed by way of poll.

In addition, each of the Underlying Approvals (as defined in the Circular) on
which the Resolutions are conditional have been, or are in the process of
being, obtained, with the outstanding approvals being expected to be obtained
in short order.

Accordingly, the Company's assets (net of funds required for short-term working
capital requirements) should now be reinvested into Brevan Howard Credit
Catalysts Fund Limited (to be renamed DW Catalyst Offshore Fund, Ltd.) with
effect from 1 January 2015, on which date the Company's name also will be
changed to DW Catalyst Fund Limited.

The number of votes for and against each resolution and the number of votes
withheld were as follows:

Ordinary Resolutions                        For         Against    Vote
                                                                   Withheld

 1. That the Company's proposed new         11,203,908  0          5,669
    investment policy be and is hereby
    approved and adopted with effect from 1
    January 2015.

 2. That the DW Management Agreement be and 11,203,908  0          5,669
    is hereby approved.

Special Resolutions                         For         Against    Vote
                                                                   Withheld

 3. That the name of the Company be changed 11,203,908  0          5,669
    to "DW Catalyst Fund Limited" with
    effect from 1 January 2015.

 4. That the amendments to the Company's    11,209,607  0          0
    articles of incorporation be and are
    hereby approved and adopted with effect
    from 1 January 2015.

Notes:

  * "Votes withheld" are not votes in law and are not counted in the
    calculation of the proportion of votes for or against a resolution.

  * Each resolution was expressed to be inter-conditional on each other
    resolution, meaning that each had to be approved for all to become
    effective.

In accordance with Listing Rule 9.6.2, a copy of the Resolutions have been
submitted today to the Financial Conduct Authority's national storage
mechanism. This document will be available for viewing at
http://www.morningstar.co.uk/uk/NSM.

Enquiries:

Company website:        www.bhcreditcatalysts.com

Northern Trust International Fund Administration Services (Guernsey) Limited
Andrew Maiden
Tel: [phone]

Copyright r 19 PR Newswire