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Notification of major interests in shares
25/10/2007

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
Pantheon Resources Plc

2. Reason for the notification (please state Yes/No)
An acquisition or disposal of voting rights: Yes

An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached: No An event changing the breakdown of voting rights: No

Other (please specify): No

3. Full name of person(s) subject to the notification obligation:
Barclays PLC

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

5. Date of the transaction (and date on which the threshold is crossed or reached if different):
19 October 2007

6. Date on which issuer notified:
22 October 2007

7. Threshold(s) that is/are crossed or reached:
9% to 10%

8. Notified details:

A: Voting rights attached to shares

Class/type of shares Situation previous to the triggering transaction Resulting situation after the
triggering transaction
     
If possible using the ISIN code
 
GB00B125SX82
Number of Shares Number of Voting rights
 

1,548,556

1,548,556

Number of Shares Number of Voting rights % of Voting Rights
Indirect
Direct

1,550,075

 

1,557,075

 
10.01

B: Financial Instruments

Resulting situation after the triggering transaction
Type of financial instrument Expiration date Exercise/Conversion Period/Date Number of voting rights that may be acquired if this instrument is exercised/converted % voting rights
- - - - -

Total (A+B)

Number of voting rights % of voting rights

1,550,075

10.01

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

10. Name of the proxy holder:
N/A

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

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

13. Additional information:
N/A

14. Contact name:
Geoff Smith

15. Contact telephone number:
020 7116 2913

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25/10/2007