Director/PDMR Shareholding

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

The Company has today been informed of the following purchase on behalf of Mr I
Barby, a Director of the Company:

- purchase of 10,000 ordinary 67p shares of the Company at a price of 750.00p
on

24 May 2006

As a result of this purchase Mr I Barby, a Director of the Company, is now
interested in 10,000 ordinary 67p shares of the Company (0.04% of the issued
class of capital).