  We compute the low energy decay rates of near-extremal three(four) charge
black holes in five(four) dimensional N=4 string theory to sub-leading order in
the large charge approximation. This involves studying stringy corrections to
scattering amplitudes of a scalar field off a black hole. We adapt and use
recently developed techniques to compute such amplitudes as near-horizon
quantities. We then compare this with the corresponding calculation in the
microscopic configuration carrying the same charges as the black hole. We find
perfect agreement between the microscopic and macroscopic calculations; in the
cases we study, the zero energy limit of the scattering cross section is equal
to four times the Wald entropy of the black hole.
