Portfolio Update

4 Jul 2005 16:03

PANTHEON INTERNATIONAL PARTICIPATIONS PLCIn accordance with UKLA Listing Rule 21.20(l)(ii), the following listrepresents the Company's 10 largest investments as at 30 June 2005 and whereappropriate, any investment with a value greater than 5% of the Company's grossassets:Name of company Class of share Bowman Partners* Unquoted Fund Klee USA Fund I Unquoted Fund Industri Kapital 2000 Fund Unquoted Fund Vision Capital V Unquoted Fund Silver Cup Partners Unquoted Fund WIN 4 Holdings Unquoted Fund Pantheon Global PCC Unquoted Fund Klee Europe Fund II Unquoted Fund Softbank Capital Partners Unquoted Fund Klee Europe Fund I Unquoted Fund *Holding greater than 5% of the company's gross assets.ENDPANTHEON INTERNATIONAL PARTICIPATIONS PLC