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):     
                                                                              
                                                                              
                                                                             X
An acquisition or disposal of voting rights                                   
                                                                              
                                                                              
                                                                              
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:                         16 March 2010        
                                                                              
                                                                              
                                                                              
6. Date on which issuer notified:                                             
                                                         18 March 2010        
                                                                              
                                                                              
7. Threshold(s) that is/are crossed or reached:                               
                                                              3 %             
                                                                              
                                                                              


 

8. Notified details:                                                          
                                                                              
A: Voting rights attached to shares                                           
                                                                              
                                                                              
                                                                              
Class/type   Situation previous  Resulting situation after the triggering     
of           to the triggering   transaction                                  
shares       transaction                                                      
                                                                              
                                                                              
if possible  Number    Number    Number    Number of voting    % of  voting   
using        of        of        of shares rights              rights         
the ISIN     Shares    Voting                                                 
CODE                   Rights                                                 
                                 Direct    Direct     Indirect Direct Indirect
                                                                              
                                                                              
 Ord 50p                                                                      
shares                                                                        
                                                                              
     GB      1,026,236 1,026,236 1,189,287  1,189,287  0       3.17    0      
 0004148507                                                                   
                                                                              
                                                                              
                                                                              

 

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               
                                                                              
             1,189,287              3.17                                      
                                                                              

 

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 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:       Phoenix Administration Services Limited     
                                                                              
                                 Company Secretary                            
                                                                              
14. Contact name:                 T Smith                                     
                                                                              
                                                                              
                                                                              
15. Contact telephone number:     01245 398950