Holding(s) in Company

27 March 2007

                                                                        No: 550

                          Pendragon PLC ("Pendragon")                          

Pendragon advises that, pursuant to the FSA's Disclosure and Transparency
Rules, it was notified on 26 March 2007 that following a transaction on 23
March 2007 Majedie Asset Management Limited has a notifiable interest in the
voting rights over 33,012,701 ordinary shares of 5p, representing 5.03% of the
voting rights in the issued ordinary share capital of Pendragon.

27 March 2007

                                    -ENDS-