Holding(s) in Company

18 February 2004

NO: 422

                          PENDRAGON PLC ('Pendragon')                          

On 18 February 2004 Fidelity International Limited confirmed that, following a
recent transaction its total notifiable interest in the ordinary shares in
Pendragon has decreased to 12,212,989 shares, representing 9.31% of Pendragon's
issued share capital.

HILARY C SYKES

18 February 2004

                                    -ENDS-