Pantheon International Regulatory News (PIN)

24th October 2014 Pantheon International Participations PLC Performance update at 30th September 2014 Pantheon International Participations PLC ("PIP") announces an unaudited netasset value ("NAV") per share at 30th September 2014 of 1,470.6p, an increaseof 27.6p (1.9%) from the NAV per share as at 31st August 2014. The increase wasdriven by portfolio valuation gains (5.8p, 0.4%), investment income (2.8p,0.2%) and foreign exchange gains (20.7p, 1.4%). Expenses and taxes* reduced theNAV per share by -1.7p (-0.1%). PIP's valuation policy for private equity funds is based on the latestvaluations reported by the managers of the funds in which PIP has holdings. Inthe case of PIP's valuation at 30th September 2014, the majority of reportedvaluations (accounting for circa 94% by value) are dated 30th June 2014. At 30th September 2014, PIP's private equity assets stood at £873m, whilst cashbalances were £96m. Undrawn commitments to investments stood at £214m at 30thSeptember 2014, calculated using exchange rates at that date. In addition, theCompany's multi-currency revolving credit facility agreement, comprising aUS$82m facility and a €57m facility, remained completely undrawn. PIP's portfolio generated net cash of £18.7m during the month, withdistributions of £22.5m relative to £3.8m of calls from existing commitments toprivate equity funds. Investments completed during the month include a £9.9m primary commitment toHellman & Friedman Capital Partners VIII and a £5.5m primary commitment toWasserstein Partners III, both US buyout funds. In addition, PIP completedthree co-investments totalling £4.4m in new commitments. * Withholding taxes on investment distributions. Monthly Report The September monthly newsletter can be accessed on PIP's website atwww.pipplc.com in the Investor Relations section under the heading "Reports &Newsletters", or by following this link:http://www.pipplc.com/investor-relations/financial-reports. Ends NOTES PIP PIP is a London quoted investment trust, managed by Pantheon Ventures (UK) LLP("Pantheon"), a leading global private equity fund investor, investing in bothprimary funds and secondary transactions, and from time to time capitalisingfurther on its fund investment activities by acquiring direct holdings inunquoted companies, usually either where a vendor is seeking to sell a combinedportfolio of fund interests and direct holdings or where there is a privateequity manager, well known to Pantheon, investing on substantially the sameterms. With investments in private equity funds, covering multiple privateequity strategies ranging from investments in late stage buyouts to early stagetechnology, PIP enables individuals as well as institutions to gain access to asubstantial portfolio of unquoted companies in the USA, the UK, ContinentalEurope and Asia, within funds managed by experienced private equity managers. Pantheon Pantheon is a leading global private equity fund investor that invests onbehalf of over 400 institutional investors. Established over 30 years ago,Pantheon has developed a strong reputation and track record in primary,secondary and co-investments and across all stages and geographies. Pantheonhas £18.3 billion in AUM** (as at 31st March 2014), 195 employees, includingover 70 investment professionals, located across offices in London, SanFrancisco, New York, Hong Kong, Seoul and Bogotá. ** This figure includes assets subject to discretionary or non-discretionarymanagement, advice or those limited to a reporting function. For more information please visit PIP's website at www.pipplc.com or contact: Andrew Lebus or Alexis BarlingPantheon020 7484 6200 Neither the contents of the Company's website nor the contents of any websiteaccessible from hyperlinks on the Company's website (or any other website) isincorporated into, or forms part of this announcement. Pantheon International Telephone +44 (0) 20 7484 6200 Participations PLC Facsimile +44 (0)20 7484 6201 Norfolk House E-mail: pip.ir@pantheon.com 31 St. James's Square Internet: www.pipplc.com London SW1Y 4JR 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 byPantheon Ventures (UK) LLP.