Holding(s) in Company

15 November 2007

                                                                        No: 577

                          Pendragon PLC ("Pendragon")                          

Pendragon advises that, pursuant to the FSA's Disclosure and Transparency
Rules, it was notified on 12 November 2007 that following a transaction on 9
November 2007 MF Global UK Limited has decreased its notifiable interest in
Pendragon's ordinary share capital to 18,906,200 shares, representing 2.88% of
the voting rights.

15 November 2007

                                    -ENDS-