Pantheon International Regulatory News (PIN)

21st June 2013 Pantheon International Participations PLC Net Asset Value at 31st May 2013 Pantheon International Participations PLC ("PIP") announces an unaudited netasset value ("NAV") per share at 31st May 2013 of 1,332.4p, an increase of 4.7%from the NAV per share at 30th April 2013. Valuation gains in the monthaccounted for 31.1p of the increase in NAV per share. In addition, PIPbenefited from foreign exchange movements which accounted for 27.0p of theincrease in NAV per share. 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 31st May 2013, the majority of reportedvaluations (accounting for circa 91% by value) are dated 31st March 2013. At 31st May 2013, PIP's private equity assets stood at £832m, whilst cashbalances were £81m. Undrawn commitments to investments stood at £195m at 31stMay 2013, 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 £11.9m of cash during the month, with distributionsof £14.3m relative to £2.4m of calls from existing commitments to privateequity funds. PIP completed two new investments in the month. A £10.0m commitment was made toWarburg Pincus XI, a global growth fund, which was approximately 18% funded.Additionally, a £2.7m co-investment was made to acquire an educationalmaterials provider. During the month, PIP invested £1.8m in share buybacks, acquiring 175,000ordinary shares at a price of 1,050.0p. This price represented an 18% discountto the NAV per share at 30th April 2013. Monthly Report The May monthly newsletter can be accessed on PIP's website at www.pipplc.comin the Investor Relations section under the heading "Reports & Newsletters", orby 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"), one of the longest-established international private equityfund-of-funds managers, investing in both primary funds and secondarytransactions. With investments in private equity funds, covering multipleprivate equity strategies ranging from investments in late stage buyouts toearly stage technology, PIP enables individuals as well as institutions to gainaccess to a substantial portfolio of unquoted companies in the USA, the UK,Continental Europe and Asia, within funds managed by experienced private equitymanagers. PIP may occasionally acquire direct holdings in unquoted companies,usually where a vendor is seeking to sell a combined portfolio of funds anddirect holdings. PIP's investment policy also extends to investing directly incompanies where there is a private equity manager well known to the Companyinvesting on the same terms. Pantheon Pantheon has been active in private equity since 1982 and is now one of theworld's leading private equity fund-of-funds managers, with £14.9bn undermanagement (as at 31st December 2012). Pantheon's offices are located inLondon, San Francisco, New York and Hong Kong, and it has made investments inover 1,000 funds globally. For more information please visit PIP's website at www.pipplc.com or contact: Andrew Lebus or Alexis Barling Pantheon 020 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 Participations PLC 7484 6200 Norfolk House Facsimile +44 (0)20 7484 6201 31 St. James's Square E-mail: London SW1Y 4JR pip.ir@pantheon.com Internet: www.pipplc.com 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.