Holding in Company

Pendragon PLC
15 August 2001



                        PENDRAGON PLC  ('PENDRAGON')

On 15th August 2001 Fidelity International Limited notified the Board of
Pendragon that following recent transactions its total notifiable interest in
the ordinary shares of Pendragon has increased to 4,996,495 shares representing
8.33% of the total issued share capital of Pendragon.