Pantheon International Regulatory News (PIN)

20th September 2013 Pantheon International Participations PLC Net Asset Value at 31st August 2013 Pantheon International Participations PLC ("PIP") announces an unaudited netasset value ("NAV") per share at 31st August 2013 of 1,333.2p, a decrease of5.5p (-0.4%) from the NAV per share at 31st July 2013. Valuation gains of 20.1pwere offset by foreign exchange losses of 27.3p. 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 August 2013, the majority of reportedvaluations (accounting for circa 92% by value) are dated 30th June 2013. At 31st August 2013, PIP's private equity assets stood at £818m, with cashbalances of £84m. Undrawn commitments to investments stood at £183m at 31stAugust 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 net cash of £9.2m during the month, withdistributions of £10.8m relative to £1.6m of calls from existing commitments toprivate equity funds. PIP completed three new investments in the month. A £2.4m co-investment wasmade to acquire a pharmaceutical services provider. PIP also completed a £2.1mco-investment in a US oil and gas company, and a £2.0m co-investment in aGerman metering company. During the month, PIP invested £2.1m in share buybacks, acquiring 200,000ordinary shares at a price of 1,038.0p. The share buybacks were executed at adiscount of 22% to the NAV per share at 31st July 2013. Monthly Report The August 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"), 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 £15.8bn undermanagement (as at 31st March 2013). Pantheon's offices are located in London,San Francisco, New York and Hong Kong, and it has made investments in over1,000 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.