Related Party Transaction

 
TIDMPLEI TIDMADE 
 
Pantheon Leisure plc / Epic: PLEI / Market: AIM / Sector: Leisure 
 
7 October 2009 
 
              Pantheon Leisure plc (`Pantheon' or `the Company') 
 
                           Related Party Transaction 
 
Pantheon Leisure plc, the AIM quoted company formed to acquire businesses in 
the leisure sector, has provided GBP50,000 of bridging funding to ADDleisure 
plc's (`ADDleisure') wholly owned subsidiary Fitbug Limited (`Fitbug') 
alongside two directors of ADDleisure (`the Lenders') as part of a GBP250,000 
bridging finance (`the Facility'). This Facility will be used for general 
working capital, research and development to leverage the Fitbug product into 
new markets and geographic territories. The Facility is being provided interest 
free providing the entire amount is repaid on successful completion of a 
proposed placing to be undertaken by ADDleisure on or before 31 January 2010. 
If the Facility is not repaid by 31 January 2010, an interest rate equal to 
LIBOR plus 5 per cent. per annum will become payable. The Facility shall 
thereafter be repayable on demand. 
 
The bridging finance provided by two directors of ADDleisure, and Pantheon (a 
substantial shareholder of ADDleisure within the meaning of the AIM Rules) is a 
related party transaction within the meaning of the AIM Rules. Bill Weston and 
Irvin Fishman, being the independent directors for the purpose of the grant of 
bridging finance, having consulted with Seymour Pierce Limited, the Company's 
Nominated Adviser, considers the terms of the bridging finance fair and 
reasonable. 
 
                                 * * ENDS * * 
 
For further information please visit www.pantheonleisure.com or contact: 
 
Geoffrey Simmonds    Pantheon Leisure plc                 Tel: [phone] 
 
Mark Percy           Seymour Pierce Limited               Tel: [phone] 
 
Susie Callear        St Brides Media & Finance Limited    Tel: [phone] 
 
 
 
END