Holding(s) in Company

11 February 2004

NO: 417

                          PENDRAGON PLC ('Pendragon')                          

On 10 February 2004 Standard Life Investments Limited confirmed that, following
a recent transaction its total holding of ordinary shares in Pendragon no
longer constitutes a notifiable interest in the share capital of Pendragon.

HILARY C SYKES

11 February 2004

                                    -ENDS-