Redenomination of loan facilities

11th February 2010

                   PANTHEON INTERNATIONAL PARTICIPATIONS PLC

                       REDENOMINATION OF LOAN FACILITIES                       

Pantheon International Participations PLC has today amended the terms of its
syndicated £150m five year committed multicurrency revolving credit facility
("the Facility") with The Royal Bank of Scotland (as agent for the lenders).

The amended Facility provides, amongst other amendments, for the split of the
Facility into dollar and euro facilities of $117.4m and €85.9m respectively,
with each being equal to £75m converted into sterling at the exchange rates
adopted, for this purpose, as at the date of the amendment. This will allow the
Company to better match drawings under the Facility with the foreign exchange
profile of its expected future cash requirements.

The Company has utilised some of its cash balances in order to reduce the drawn
amount under the Facility. As at today's date, the Company has cash balances
totalling £13.6m and drawn amounts under the Facility of $66.5m and €48.7m.

The commitment fee and margin remain unchanged.

Ends

NOTES

PIP

Pantheon International Participations PLC (`PIP') is a London quoted investment
trust, managed by Pantheon Ventures Ltd., one of the longest-established
international private equity fund-of-funds manager, investing in both primary
funds and secondary transactions. With investments in private equity funds,
covering late stage buyouts to early stage technology, PIP enables individuals
as well as institutions to gain access to a substantial portfolio of unquoted
companies in the USA, the UK, Continental Europe and Asia, within funds managed
by experienced private equity managers. www.pipplc.com

Pantheon Ventures Ltd.

Pantheon has been active in private equity since 1982 and is now one of the
world's leading private equity fund-of-funds managers, with over £14 billion
under management (as at 30th September 2009), investments in some 1,000 private
equity funds in over 30 countries and offices in London, San Francisco, New
York and Hong Kong.

For more information please contact:

Andrew Lebus, Pantheon Ventures Limited 020 7484 6200