1 October 2003

NO: 403

                          PENDRAGON PLC ("Pendragon")                          

On 1 October 2003 Fidelity International Limited confirmed that, following a
recent transaction its total notifiable interest in the ordinary shares in
Pendragon has decreased to 16,898,786, which represents 12.89% of Pendragon's
issued share capital.

HILARY C SYKES

1 October 2003

                                    -ENDS-                                     



END