Portfolio Update

3 Jan 2008 15:54

PANTHEON INTERNATIONAL PARTICIPATIONS PLC

In accordance with UKLA Listing Rule 15.6.8R(2), the following list representsthe Company's 10 largest investments as at 31st December 2007 and whereappropriate, any investment with a value greater than 5% of the Company's grossassets:Name of company Class of share Monteverdi Unquoted Fund Bowman Partners Unquoted Fund Argan Capital Unquoted Fund Odin Partners Unquoted Fund Klee USA Fund I Unquoted Fund Pantheon Asia Fund III Unquoted Fund BC European Capital VII Unquoted Fund Blenheim Holdings Unquoted Fund Nordic Capital VI Unquoted Fund Klee Europe Fund II Unquoted Fund

*Holding greater than 5% of the company's gross assets.