Holding(s) in Company

30 October 2002

NO: 335

                                 ANNOUNCEMENT                                  

                          PENDRAGON PLC ('Pendragon')                          

On 30 October 2002 The Prudential Assurance Company Limited confirmed that,
following recent transactions, its total holding of ordinary shares in
Pendragon no longer constitutes a notifiable interest in the share capital of
Pendragon.

HILARY SYKES

30 October 2002

                                    -ENDS-