Holding(s) in Company

24th January 2008

                                                                        No: 589

                          Pendragon PLC ("Pendragon")                          

Pendragon advises that, pursuant to the FSA's Disclosure and Transparency
Rules, it was notified on 24th January 2008 that following a transaction on
23rd January 2008 MF Global UK Limited has a notifiable interest in the voting
rights over 19,771,499 ordinary shares of 5p, representing 3.01% of the voting
rights in the issued ordinary share capital of Pendragon.

24th January 2008

                                    -ENDS-