PANTHEON INTERNATIONAL PARTICIPATIONS PLC

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:                                              Pantheon International Participations PLC

2. Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

An acquisition or disposal of qualifying financial instruments which may result
in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to
qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):                     Acquisition of Scottish Widows Investment
                                            Partnership Group Limited from Lloyds Banking
                                            Group on 31 March 2014.                           x

3. Full name of person(s) subject to the    Aberdeen Asset Managers Limited (and/or
notification obligation:                    acting for its affiliates) as discretionary
                                            investment manager on behalf of multiple
                                            managed portfolios

4. Full name of shareholder(s)
 (if different from 3.):

5. Date of the transaction and date on
which the threshold is crossed or           31/03/14
reached:

6. Date on which issuer notified:           07/04/14

7. Threshold(s) that is/are crossed or      5%
reached:

8. Notified details:

A: Voting rights attached to shares

Class/type     Situation previous     Resulting situation after the triggering transaction
of             to the triggering
shares         transaction

if possible    Number        Number      Number      Number of voting    % of  voting rights
using          of            of          of shares   rights
the ISIN       Shares        Voting
CODE                         Rights
                                         Direct      Direct  Indirect    Direct    Indirect

GB0004148507   1,001,938     1,001,938   1,767,016           1,767,016             5.22%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of        Expiration    Exercise/             Number of voting        % of voting
financial      date          Conversion Period     rights that may be      rights
instrument                                         acquired if the
                                                   instrument is
                                                   exercised/ converted.

C: Financial Instruments with similar economic effect to Qualifying Financial
Instruments

Resulting situation after the triggering transaction

Type of       Exercise price        Expiration  Exercise/   Number of voting rights    % of voting
financial                           date        Conversion  instrument refers to       rights
instrument                                      period
                                                                                       Nominal   Delta



Total (A+B+C)

Number of voting rights           Percentage of voting rights

1,767,016                         5.22%


9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:


Proxy Voting:

10. Name of the proxy holder:

11. Number of voting rights proxy holder will cease
to hold:

12. Date on which proxy holder will cease to hold
voting rights:

13. Additional information:

14. Contact name:                             Kirsty Lyons

15. Contact telephone number:                 01224 404111
PANTHEON INTERNATIONAL PARTICIPATIONS PLC - Holding(s) in Company
