Holding(s) in Company

TR-1: Notifications of Major Interests in Shares                               

1. Identity of the issuer or the underlying     Pantheon International         
issuer of existing shares to which voting       Participation plc              
rights are attached:                                                           
                                                                               
2. Reason for notification (yes/no)                                            
                                                                               
An acquisition or disposal of voting rights                                    
                                                                               
An acquisition or disposal of financial instruments which may result           
in the acquisition of shares already issued to which voting rights             
are attached                                                                   
                                                                               
An event changing the breakdown of voting rights                               
                                                                               
Other (please specify): Over 3% Barrier                              YES       
                                                                               
3. Full name of person(s) subject to    West Midlands Pension Fund             
notification obligation:                                                       
                                                                               
4. Full name of shareholder(s) (if                                             
different from 3):                                                             
                                                                               
5. Date of transaction (and date on     N/A                                    
which the threshold is crossed or                                              
reached if different):                                                         
                                                                               
6. Date on which issuer notified:       1st October 2009                       
                                                                               
7. Threshold(s) that is/are crossed or  3%                                     
reached:                                                                       

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                                                                   
use ISIN code                                                                 
                                                                              
                                                                              

              Number of     Number of Number of Number of voting Percentage of             
              shares        voting    shares    rights           voting rights             
                            rights                                                         
                                      Direct    Indirect    Direct   Indirect         
                                                                             
GB0004148507  1,148,375     1,148,375                                            
                                                                             

B: Financial Instruments                                                       
                                                                               
Resulting situation after the triggering transaction                           
                                                                               
Type of        Expiration     Exercise/       No. of voting      Percentage of 
financial      date           conversion      rights that may be voting rights 
instrument                    period/date     acquired (if the                 
                                              instrument                       
                                              exercised/                       
                                              converted)                       
                                                                               

Total (A+B)                                                                    
                                                                               
Number of voting rights                 Percentage of voting rights            
                                                                               
1,148,375                               3.06%                                  

9. Chain of controlled undertakings through which the voting rights and /or the
financial instruments are effectively held, if applicable:                     
                                                                               

Proxy Voting:                                                                  
                                                                               
10. Name of 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:                        Simon Winter                           
                                                                               
15. Contact telephone name:             [phone]