Holding(s) in Company

18th October 2007

                                                                        No: 575

                          Pendragon PLC ("Pendragon")                          

Pendragon advises that, pursuant to the FSA's Disclosure and Transparency
Rules, it was notified on 16th October 2007 that following a transaction on
15th October 2007 MF Global has a notifiable interest in the voting rights over
20,908,000 ordinary shares of 5p, representing 3.19% of the voting rights in
the issued ordinary share capital of Pendragon.

18th October 2007

                                    -ENDS-