Holding(s) in Company

19 September 2002

NO: 331

                                 ANNOUNCEMENT                                  

                          PENDRAGON PLC ('Pendragon')                          

As a result of the reduction of Pendragon's issued share capital following
Pendragon's share buy back announced on 19 September 2002, the following
percentage holdings on the total issued share capital of Pendragon PLC have
changed.

Fidelity International Limited (last reported holding of 7,215,677 Pendragon
ordinary shares) now represents 12.85% of Pendragon's issued capital.

Jupiter Asset Management Limited (last reported holding of 5,587,776 Pendragon
ordinary shares) now represents 9.95% of Pendragon's issued capital.

StanLife Nominees Limited (last reported holding of 3,869,371 Pendragon
ordinary shares) now represents 6.89% of Pendragon's issued capital.

Unicorn Asset Management Limited (last reported holding of 3,537,000 Pendragon
ordinary shares) now represents 6.3% of Pendragon's issued capital.

Schroder Institutional UK (last reported holding of 2,473,030 Pendragon
ordinary shares) now represents 4.4% of Pendragon's issued capital.

Invesco Asset Management Limited (last reported holding of 1,884,607 Pendragon
ordinary shares) now represents 3.35% of Pendragon's issued capital.

Legal and General Investment Management Limited (last reported holding of
1,754,384 Pendragon ordinary shares) now represents 3.12% of Pendragon's issued
capital.

HILARY SYKES

19 September 2002

                                    -ENDS-