Transaction in Own Shares

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

(the "Company")

Transaction in own Ordinary Shares

7 December 2011

The Company announces that on 7 December 2011 it purchased in the market
175,000

ordinary shares of 67p each ("Ordinary Shares") at a price of 642.5 pence per
share for cancellation.

Following this transaction, there are 36,896,013 Ordinary Shares in issue, none
of which are held in treasury.

Enquiries:

Andrew Lebus or Alexis Barling

Pantheon Ventures (UK) LLP

020 7484 6200