Directorate Change

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

APPOINTMENT OF NEW DIRECTORS

The Directors are pleased to announce that Ms Susannah Nicklin and Sir Laurie
Magnus have accepted invitations to join the Board as non-executive Directors
with effect from 22 November 2011.

Ms Nicklin is an investment and financial services professional with 20 years
experience, including corporate finance, mergers & acquisitions, equity
research, wealth management and asset management sales. She spent almost 15
years working with Goldman Sachs in the US, Australia and UK in their
Investment Banking and Global Investment Research divisions before joining
Alliance Bernstein in 2008, where she managed private client portfolios and led
family office and quasi-institutional business development. She left Alliance
Bernstein in August this year and has joined Bridges Ventures, a leading impact
private equity firm, as the first Fellow on the Bridges Ventures Fellowship
Programme. She is also a Research Associate at Henley Business School.

Ms Nicklin is not currently, and has not been in the last five years, a
director of any other publicly quoted companies.

 

Sir Laurie Magnus is a senior adviser at Evercore Partners, the US listed
corporate finance advisory business.  He has over 30 years of investment
banking experience, initially with Samuel Montagu & Co. Limited (subsequently
HSBC Investment Bank), where he was deputy head of its UK corporate finance
department. He joined Phoenix Securities Limited, the corporate finance
advisory business focused upon the financial institutions sector, in 1995. 
Following its acquisition by Donaldson, Lufkin & Jenrette Inc. ("DLJ"), the US
investment bank, he became a Managing Director of the merged business. After
DLJ was acquired by Credit Suisse First Boston ("CSFB") in 2000, he was briefly
a Managing Director of CSFB before joining Lexicon Partners, initially as Vice
Chairman and subsequently as Chairman, until Lexicon's merger with Evercore in
2011.  Since 1996, his principal focus has been on the provision of corporate
finance advice to the insurance industry, where he has been extensively
involved with capital raisings and mergers and acquisitions.

Sir Laurie Magnus is also a non-executive director of the following publicly
quoted companies:

The JP Morgan Income & Capital Trust plc (Chairman)

The Cayenne Trust plc

Fidelity Japanese Values plc

 

He was a previously (in the last five years) a director of the following
publicly quoted companies:

TT Electronics plc (resigned July 2007)

Climate Exchange plc (resigned July 2010)

He is also Deputy Chairman of The National Trust and an elected member of its
Council. 

There are no details required to be disclosed pursuant to paragraph 9.6.13(b)
to (g) of the UKLA Listing Rules in respect of either Ms Nicklin or Sir Laurie
Magnus.

22 November 2011