Pompey had been the better of the two teams all afternoon and will be ruing the chances they missed with the hosts struggling to fashion much at all.
Ryan Taylor, the former Exeter loanee, had a great chance to kill the game when Grecians goalkeeper Artur Krysiak completely missed a back pass, but his shot ended up in the side-netting, much to Exeter and Krysiak's relief.
Pompey looked to be heading for all three points but, deep into injury time, Sercombe's shot took a deflection to leave Trevor Carson stranded and Exeter celebrating an unlikely point.
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