Result of AGM

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

RESULT OF ANNUAL GENERAL MEETING AND CLASS MEETING HELD ON 22 NOVEMBER 2011

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 11 related to Ordinary Business; Resolution 12 related to
Special Business. The business of the Meeting included the following
resolutions:

Resolution 8: general authority to allot shares under Section 551 of the
Companies Act 2006.

Resolution 9: authority to allot securities otherwise than in accordance with
statutory pre-emption rights, under Section 570 of the Companies Act 2006.

Resolution 10: authority to make market purchases of shares under section 701
of the Companies Act 2006.

Resolution 11: authority to hold general meetings, other than Annual General
Meetings, on not less than 14 clear days' notice.

Resolution 12: to amend the Company's Articles of Association as set out in the
Notice of Annual General Meeting.

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         16,177,256      1,148,375           3,700        1,686
                                                                           
Resolution 2         17,302,314         21,801           3,700        3,202
                                                                           
Resolution 3         15,675,911      1,193,987           3,700      457,419
                                                                           
Resolution 4         15,979,631      1,183,223           3,700      164,463
                                                                           
Resolution 5         15,675,911      1,193,987           3,700      457,419
                                                                           
Resolution 6         17,325,508              0           3,700        1,809
                                                                           
Resolution 7         17,325,631              0           3,700        1,686
                                                                           
Resolution 8         16,672,301        653,330           3,700        1,686
                                                                           
Resolution 9         16,672,181        653,450           3,700        1,686
                                                                           
Resolution 10        17,327,317              0           3,700            0
                                                                           
Resolution 11        16,266,967      1,057,271           3,700        3,079
                                                                           
Resolution 12        17,323,801          1,830           3,700        1,686
                                                                           

Class Meeting of Redeemable Shareholders

Following the Class Meeting held today, the Company is pleased to announce that
the resolution put to shareholders was passed on a show of hands.

The proxy votes received on this resolution were as follows:

                            For        Against   At Chairman's     Withheld
                                                    discretion             
                                                                           
Resolution 1         12,492,855              0         102,205            0

A copy of the resolutions for each of 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.

22 November 2011