Correction: Holding(s) in Company

Pantheon International Participations PLC                   

Correction to an earlier announcement, which was issued with the incorrect
date, and which now reads as follows.

Pursuant to a section 212 enquiry, the Company has been informed by Pictet &
Cie Banquiers that their clients now have an interest in 1,477,029 Ordinary
shares, representing 6.84% of the issued class of capital.

30 July 2004