Holding(s) in Company

19 November 2002

NO: 339

                                 ANNOUNCEMENT                                  

                          PENDRAGON PLC ('Pendragon')                          

On 15 November 2002 Legal and General Investment Management Limited confirmed
that, following recent transactions, its total notifiable interest in the
ordinary shares of Pendragon has increased to 1,878,994 shares, representing
3.34% of the total issued share capital of Pendragon.

HILARY SYKES

19 November 2002

                                    -ENDS-