Re offer for Ryland Group

Pendragon PLC
14 August 2003



                                                                  14 August 2003



                                 Pendragon PLC
                           Re: Offer for Ryland Group



The Board of Pendragon has noted the offer for Ryland Group, made by Rydnal
Holdings, announced yesterday after the close of business.  Pendragon will be
seeking clarification on statements made in the offer document before deciding
on the action it wishes to take.



Enquiries:


Trevor Finn, Chief Executive             Pendragon PLC                   01623 725 000

Charlotte Hepburne-Scott                 Finsbury Group                  020 7251 3801
Gordon Simpson





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