31 July 2003
NO: 388
PENDRAGON PLC ('Pendragon')
On 31 July 2003 Schroder Investment Management Limited confirmed that,
following a recent transaction its total notifiable interest in the ordinary
shares in Pendragon has decreased to 5,714,737 shares, which represents 4.35%
of Pendragon's issued share capital.
HILARY C SYKES
31 July 2003
-ENDS-
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