Portfolio Update

4 Apr 2006 17:20

PANTHEON INTERNATIONAL PARTICIPATIONS PLCIn accordance with UKLA Listing Rule 15.4.11(2), the following list representsthe Company's 10 largest investments as at 31 March 2006 and where appropriate,any investment with a value greater than 5% of the Company's gross assets:Name of company Class of share Bowman Partners* Unquoted Fund Klee USA Fund I Unquoted Fund BC European Capital VII Unquoted Fund Klee Europe Fund II Unquoted Fund Silver Cup Partners Unquoted Fund Industri Kapital 2000 Fund Unquoted Fund WIN 4 Holdings Unquoted Fund Klee Europe Fund I Unquoted Fund Softbank Capital Partners LP Unquoted Fund Alchemy Plan Unquoted Fund *Holding greater than 5% of the company's gross assets.ENDPANTHEON INTERNATIONAL PARTICIPATIONS PLC