Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                

1. Identity of the issuer or the underlying issuer of   PANTHEON INTERNATIONAL
existing shares to which voting rights are attached:    PARTICIPATIONS plc    

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights                                  x

An acquisition or disposal of qualifying financial instruments which may
result in the acquisition of shares already issued to which voting rights
are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):                                                       
                                                                              

 

3. Full name of person(s) subject to the                                      
notification obligation:                         British Empire Securities and
                                                 General Trust plc

4. Full name of shareholder(s) (if different     JP Morgan - Chase Nominees  
from 3.):                                        Limited a/c CREST BT01C   
                                                 (Sub a/c No. 2)

5. Date of the transaction and date on which 
the threshold is crossed or reached:             6 March 2014

6. Date on which issuer notified:                7 April 2014         

7. Threshold(s) that is/are crossed or 
reached:                                         4 %

8. Notified details:

A: Voting rights attached to shares

Class/type of    Situation previous      Resulting situation after the triggering    
shares           to the triggering       transaction                                 
                 transaction                                                     
                                                                              
if possible      Number      Number        Number      Number of voting         % of  voting   
using            of          of            of shares   rights                   rights         
the ISIN CODE    Shares      Voting
                             Rights        Direct      Direct     Indirect      Direct   Indirect
                                                                              
Ordinary 67p                                                                  
shares                                                                        
GB 0004148507    1,328,153   1,328,153     1,354,153   1,354,153  0             4.00     0


B: Qualifying Financial Instruments                                           
                                                                              
Resulting situation after the triggering transaction                          

Type of financial  Expiration    Exercise/        Number of voting        % of voting 
instrument         date          Conversion       rights that may be      rights      
                                 Period           acquired if the                     
                                                  instrument is                      
                                                  exercised/ converted.              
                                                                              



C: Financial Instruments with similar economic effect to Qualifying Financial 
Instruments                                                                   
Resulting situation after the triggering transaction                          
                                                                              
Type of           Exercise   Expiration  Exercise/    Number of        % of voting    
financial         price      date        Conversion   voting           rights         
instrument                               period       rights                          
                                                      instrument                     
                                                      refers to                      
                                                                       Nominal  Delta 

                                                                              
Total (A+B+C)                                                                 
 
Number of voting rights              Percentage of voting rights

1,354,153                            4.00

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:                    
                                                                              
JP Morgan - Chase Nominees Limited is custodian for British Empire Securities 
and General Trust plc                                                         

Proxy Voting:                                                                 
                                                                              
10. Name of the proxy holder:                                                 

11. Number of voting rights proxy holder will cease to hold:                  

12. Date on which proxy holder will cease to hold voting rights:              

13. Additional information:                                                   
                                                                              
14. Contact name:                  Phoenix Administration Services Limited     
                                   Company Secretary                           
                                                                              
15. Contact telephone number:      01245 398984