Holding(s) in Company

4 October 2002

NO: 333

                                 ANNOUNCEMENT                                  

                          PENDRAGON PLC ('Pendragon')                          

On 3 October 2002 Unicorn Asset Management Limited confirmed that, following
recent transactions, its total notifiable interest in the ordinary shares of
Pendragon has decreased to 2,340,533 shares, representing 4.17% of the total
issued share capital of Pendragon.

HILARY SYKES

4 October 2002

                                    -ENDS-