Holding(s) in Company

Pendragon PLC
14 August 2002

                              PENDRAGON PLC ('Pendragon')

On 14th August 2002 Schroder Institutional UK notified the Board of Pendragon
that following recent transactions its total notifiable interest in the ordinary
shares of Pendragon has decreased to 2,473,030 shares now representing 4.25% of
the total issued share capital of Pendragon PLC.


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