I believe there is a shutter icon on the main screen when you click it you can select 16 photo pano. In lower right area of the screen.]
Here are a couple screen shots showing the two steps that are required.
1.) get into pano mode (3 sub-steps)
2.) hit the shutter like symbol as previously mentioned and choose the type of pano (2 sub-steps)
This is with the latest firmware.
This is also my first attempt at uploading pics, I am not sure if thumbnail or full image is better...