Cadillac UK Distribution

Pendragon PLC 22 November 2004 PENDRAGON TO DISTRIBUTE CADILLAC Pendragon PLC (Pendragon), the UK's largest car retailer, is pleased to announce that it has been appointed as sole distributor of Cadillac and Corvette products in the UK. The first Cadillac showroom has been opened today in London by Pendragon. The Cadillac and Corvette distributorship strengthens Pendragon's relationship with General Motors, adding to Vauxhall and Saab brands, and compliments its overall strategy of building bigger relationships with key manufacturer partners. Trevor Finn, Chief Executive, commented: 'Cadillac is a welcome addition to our portfolio of brands and we look forward to building a dealer network in Britain which properly reflects the status and capability of the brand. Our experience with other top brands gives us the confidence to know that Cadillac and Corvette will be successful here. An important aspect of our decision has been the strength of product now coming through and the attention Cadillac's top management team is giving to Europe.' Enquiries: Pendragon PLC Trevor Finn, Chief Executive Tel: 01623 725 114 David Forsyth, Finance Director Finsbury Gordon Simpson Tel: 020 7251 3801 Notes to editors: Pendragon is the largest retailer in the UK, representing both prestige brands and, more recently, volume brands. The Group operates 250 dealerships in the UK, eight in Germany and nine in the USA. This information is provided by RNS The company news service from the London Stock Exchange
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