Holding(s) in Company

5 September 2003

NO: 398

                          PENDRAGON PLC ('Pendragon')                          

On 5 September 2003 Fidelity International Limited confirmed that, following a
recent transaction its total notifiable interest in the ordinary shares in
Pendragon has decreased to 18,227,358 shares, which represents 13.86% of
Pendragon's issued share capital.

HILARY C SYKES

5 September 2003

                                    -ENDS-