Update on 30 June 2011 NAV

5th August 2011

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

                  UPDATE ON PUBLICATION OF 30th JUNE 2011 NAV                  

The Board of Pantheon International Participations PLC (the "Company") advises
that the publication of the Company's NAV for the quarter ended 30th June 2011
has been delayed. This delay has arisen as a result of the additional time
required for the Company's auditors to review with the Board the basis upon
which the Company's standby agreements with investors, in respect of Redeemable
Shares, should be accounted for on the Company's balance sheet. The Board has
been advised that this is a purely technical accounting point which may result
in the inclusion of an additional asset on the Company's balance sheet. A
further announcement is expected to be made in the coming days.

Ends

For more information please visit PIP's website at www.pipplc.com orcontact:

Andrew Lebus or Alexis Barling

Pantheon

020 7484 6200

Neither the contents of the Company's website nor the contents of any website
accessible from hyperlinks on the Company's website (or any other website) is
incorporated into, or forms part of this announcement.

               

                                                                               

Registered office: Beaufort House, 51 New North Road, Exeter, Devon EX4 4EP. 
Incorporated in England number: 2147984.                                     
                                                                             
An investment company under section 833 of the Companies Act 2006. Managed by
Pantheon Ventures (UK) LLP.