Holding(s) in Company

Pantheon International Participations PLC                   

The Company was today informed by Asset Value Investors Limited that, British
Empire Securities & General Trust PLC, a fund managed by Asset Value Investors
Limited, are now interested in 1,045,868 Ordinary 67p shares of the Company,
representing 3.95% of the issued class of capital.

Funds managed by Asset Value Investors Limited now total 1,825,000 Ordinary 67p
shares of the Company, representing 6.89% of the issued class of capital.

4 March 2005