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: +44 (0) 1481 745368