Holding(s) in Company

23 June 2004

NO: 437

                          PENDRAGON PLC ('Pendragon')                          

On 23 June 2004 Standard Life Investments confirmed that, following a recent
transaction its total notifiable interest in the ordinary shares in Pendragon
has increased to 4,073,507 shares, representing 3.105% of Pendragon's issued
share capital.

HILARY C SYKES

23 June 2004

                                    -ENDS-