Result of AGM

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

RESULT OF ANNUAL GENERAL MEETING AND CLASS MEETING HELD ON 21 NOVEMBER 2012

Annual General Meeting

Following the Annual General Meeting held today, the Company is pleased to
announce that all resolutions put to shareholders were passed.

Resolutions 1 to 14 related to Ordinary Business; Resolution 15 related to
Special Business. The business of the Meeting included the following
resolutions:

Resolution 11: general authority to allot shares under Section 551 of the
Companies Act 2006.

Resolution 12: authority to allot securities otherwise than in accordance with
statutory pre-emption rights, under Section 570 of the Companies Act 2006.

Resolution 13: authority to make market purchases of shares under section 701
of the Companies Act 2006.

Resolution 14: authority to hold general meetings, other than Annual General
Meetings, on not less than 14 clear days' notice.

Resolution 15: authority to increase the maximum aggregate annual remuneration
payable to Directors.

All resolutions were passed on a show of hands.

The proxy votes received on each resolution were as follows:

                            For        Against   At Chairman's     Withheld
                                                    discretion             
                                                                           
Resolution 1         15,053,571        110,000           5,920       25,197
                                                                           
Resolution 2         15,182,244            656           5,920        5,868
                                                                           
Resolution 3         15,173,435              0           5,920       15,333
                                                                           
Resolution 4         13,396,498      1,267,276           5,920      524,994
                                                                           
Resolution 5         13,327,754      1,845,681           5,920       15,333
                                                                           
Resolution 6         12,798,581      1,834,900           5,920      555,287
                                                                           
Resolution 7         12,071,259      3,102,176           5,920       15,333
                                                                           
Resolution 8         12,745,656      1,887,825           5,920      555,287
                                                                           
Resolution 9         15,187,043          1,725           5,920            0
                                                                           
Resolution 10        15,188,368            400           5,920            0
                                                                           
Resolution 11        15,180,972              0           7,848        5,868
                                                                           
Resolution 12        15,058,915        128,986           6,787            0
                                                                           
Resolution 13        15,181,942          5,868           6,787            0
                                                                           
Resolution 14        13,965,592      1,222,309           6,787            0
                                                                           
Resolution 15        15,136,919         49,488           5,920        2,361

A copy of the resolutions for the above meetings will be submitted to the
National Storage Mechanism and will shortly be available for viewing at http://
www.hemscott.com/nsm.do.

21 November 2012