Holding(s) in Company

For filings with the FSA include the annex                                              
For filings with issuer exclude the annex                                               
                                                                                       
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                 Pendragon Plc        
of existing shares to which voting rights are                                           
attached:ii                                                        GB00B1JQBT10         
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                            X
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
3. Full name of person(s) subject to the         Cazenove Capital Management Limited    
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                   N/A                                    
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                26 June 2013                           
reached: v                                                                              
                                                                                        
6. Date on which issuer notified:                27 June 2013                           
                                                                                        
7. Threshold(s) that is/are crossed or           5%                                     
reached: vi, vii                                                                        
        

8. Notified details:                                                                                                     
A: Voting rights attached to shares viii, ix                                                                             
Class/type   Situation previous                         Resulting situation after the triggering transaction            
of           to the triggering                                                                                          
shares       transaction                                                                                                
                                                                                                                        
             Number                   Number            Number     Number of voting                 % of  voting rightsx
if possible  of                       of                of shares  rights                                               
using        Shares                   Voting                                                                            
the ISIN                              Rights            Direct     Direct xi             Indirect   Direct Indirect     
CODE                                                                                     xii                             
GB00B1JQBT10 64,656,330               64,656,330        67,456,330                       67,456,330        4.69%         
  
                                                                                                                         
B: Qualifying Financial Instruments             

Resulting situation after the triggering transaction                                                                     
Type of        Expiration              Exercise/                    Number of voting                      % of voting   
financial      date xiii               Conversion Period xiv        rights that may be                    rights        
instrument                                                          acquired if the                                     
                                                                    instrument is                                       
                                                                    exercised/ converted.                               
                                                                                                                        
N/A            N/A                     N/A                          N/A                                   N/A            
                                                                                                                         
                                                                                                                         
                                                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial                                            
Instruments xv, xvi                                                                                                      
Resulting situation after the triggering transaction                                                                     
Type of       Exercise price          Expiration date Exercise/    Number of voting rights instrument  % of voting rights
financial                             xvii            Conversion   refers to                           xix, xx           
instrument                                            period xviii                                                       
                                                                   6,979,000                           Nominal Delta       
CFC           N/A                     N/A             N/A                                                                
                                                                                                       0.49  N/A         
                                                                                                                         
 
Total (A+B+C)                                                                                                            
Number of voting rights                                        Percentage of voting rights                               
74,435,330                                                     5.18%                                                     
   

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
N/A                                                                                     
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                          N/A              
                                                                                        
11. Number of voting rights proxy holder will cease                    N/A              
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                      N/A              
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                             None                            
                                                                                        
14. Contact name:                                       Richard Maloney, Group Solicitor
                                                                                        
15. Contact telephone number:                           01623 725 119