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Further re placing of new redeemable shares

29 Mar 2005 13:01

29 March 2005Pantheon International Participations PLCFurther to the announcement of 9 March 2005 the board of Pantheon InternationalParticipations PLC (the "Company") is pleased to announce that commitments tosubscribe GBP 87,529,292 (before expenses) have been obtained in the recentPlacing of new redeemable shares (the "Shares") in the Company.These subscription commitments have been accepted in full and the Company hasaccordingly allotted, subject to and conditionally on Admission to the OfficialList of the UKLA and to trading on the London Stock Exchange becomingeffective, 15,160,000 Shares at a subscription price of 577.37p per share.Admission is expected to take place and dealings in the Shares on the LondonStock Exchange are expected to commence on Wednesday 30 March 2005. The Sharesissued under the Placing will rank pari passu in all respects with the existingredeemable shares in issue.Terms defined in the listing particulars dated 8 March 2005 bear the samemeanings when used in this announcement.For more information:Pantheon International Participations PLC - 020 7484 6200www.pipplc.com contactus@pipplc.comRhoddy SwirePantheon Ventures - 020 7484 6200Alastair Bruce / Andrew LebusDresdner Kleinwort Wasserstein - 020 7623 8000Robbie Robertson/Andrew ZychowskiDresdner Kleinwort Wasserstein Securities Limited, which is authorised andregulated by the Financial Services Authority, is acting for the Company andfor no-one else in connection with the Placing and will not be responsible toanyone other than the Company for providing the protections afforded tocustomers of Dresdner Kleinwort Wasserstein Securities Limited, or foraffording advice in relation to the Placing.ENDPANTHEON INTERNATIONAL PARTICIPATIONS PLC

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