Holding(s) in Company

27 July 2004

NO: 444

                          PENDRAGON PLC ('Pendragon')                          

On 27 July 2004 Threadneedle Asset Management Limited confirmed that, following
a recent transaction its total notifiable interest in the ordinary shares in
Pendragon has increased to 6,351,000 shares, representing 4.84% of Pendragon's
issued share capital.

HILARY C SYKES

27 July 2004

                                    -ENDS-