PANTHEON INTERNATIONAL PLC (the "Company")

DIRECTOR DECLARATION

Pursuant to Listing Rule 9.6.14R the Company announces that, with effect from 28 February 2018, Sir Laurie Magnus ceased to be a Director of JP Morgan Income and Capital Trust Plc. This was a direct result of the members of JP Morgan Income and Capital Trust Plc having yesterday passed a resolution to voluntarily liquidate the company upon the end of its fixed ten year life.

1 March 2018

Enquiries:

Andrew Lebus or Vicki Bradley                                 

Pantheon Ventures (UK) LLP                                    

020 3356 1800

LEI:  2138001B3CE5S5PEE928