BIAS Global Portfolios, SPC (the "Company") hereby announces the following changes to the Information Memorandum and Segregated Portfolio Supplements of the Company to reflect the following:

1.         that Comerica Bank has been appointed as custodian of the Company;

2.         that, effective 1st January 2012, the management fees charged by the Investment Manager with respect to each of BIAS Short Duration Income Fund – US Segregated Portfolio, BIAS Global Equities Fund – US Segregated Portfolio and BIAS Global Balanced Fund – US Segregated Portfolio (the “Segregated Portfolios”) will be marginally increased as notified to shareholders separately and as described in the updated Segregated Portfolio Supplements; and

3.         the change of name of the Company’s administrator from Cayman National Trust Co. Ltd to Cayman National Fund Services Ltd.

The Board of Directors

BIAS Global Portfolios, SPC

c/o Appleby Trust (Cayman) Ltd.

Clifton House, Fort Street,

PO Box 1350

George Town, Grand Cayman KY1-1108

Cayman Islands