Holding in Company

Pendragon PLC
22 March 2001


PENDRAGON PLC ('PENDRAGON')

The Directors of Pendragon announce that acquisitions of ordinary shares in
Pendragon have been made by Guinness Flight Trustees S.a.r.l., as trustees of
The Pendragon Employees' Share Trust as follows:

Date of Acquisition    Number of Shares   Price(p) Per Share   % of Pendragon
                                                                Issued Share
                                                                   Capital

21 March 2001                 250,000          217                 0.41%
22 March 2001                 430,000          217                 0.70%

This brings the aggregate amount of the issued share capital of Pendragon held
by the Trustees to 3.9%

H C SYKES