Acquisition of Dealerships

Pendragon PLC
02 August 2007


                                                                         No: 565

                         Pendragon PLC ('Pendragon') 
               Acquisition of 19 dealerships for £17 million

Pendragon announces it has acquired the assets of 19 motor dealership
predominantly in Yorkshire from the Dixon Motor Group. These are all volume
dealerships which will be rebranded Evans Halshaw.

The consideration will be approximately £17 million and is subject to final
completion accounts.

Trevor Finn, Chief Executive, said:  

'In April we said that the current market conditions would offer Pendragon
opportunities to make attractive acquisitions, and today's announcement is in
line with these comments. The dealerships are high quality assets, which
strengthens Pendragon's position as the UK's leading car retailer in a
consolidating market.'


Enquiries:-

Trevor Finn, Chief Executive                -                      01623 725 114
David Forsyth, Finance Director

Finsbury:       

Rollo Head                                  -                      020 7251 3801
Gordon Simpson                             


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