Holding(s) in Company

14 November 2003

NO: 409

                          PENDRAGON PLC ('Pendragon')                          

On 14 November 2003 Jupiter Asset Management Limited confirmed that, following
a recent transaction its total notifiable interest in the ordinary shares in
Pendragon has decreased to 6,844,440 shares, which represents 5.22% of
Pendragon's issued share capital.

HILARY C SYKES

14 November 2003

                                    -ENDS-