Holding(s) in Company

For filings with the FSA include the annexFor filings with issuer exclude the annex TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi 1. Identity of the issuer or the underlying issuer Pendragon Plcof existing shares to which voting rights areattached: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 resultin the acquisition of shares already issued to which voting rights are attached An acquisition or disposal of instruments with similar economic effect toqualifying 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 Limitednotification obligation:iii 4. Full name of shareholder(s) N/A (if different from 3.):iv 5. Date of the transaction and date onwhich the threshold is crossed or 26 June 2013reached: 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, ixClass/type Situation previous Resulting situation after the triggering transactionof to the triggeringshares transaction Number Number Number Number of voting % of voting rightsxif possible of of of shares rightsusing Shares Votingthe ISIN Rights Direct Direct xi Indirect Direct IndirectCODE xiiGB00B1JQBT10 64,656,330 64,656,330 67,456,330 67,456,330 4.69% B: Qualifying Financial Instruments Resulting situation after the triggering transactionType of Expiration Exercise/ Number of voting % of votingfinancial date xiii Conversion Period xiv rights that may be rightsinstrument 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 FinancialInstruments xv, xviResulting situation after the triggering transactionType of Exercise price Expiration date Exercise/ Number of voting rights instrument % of voting rightsfinancial xvii Conversion refers to xix, xxinstrument period xviii 6,979,000 Nominal DeltaCFC N/A N/A N/A 0.49 N/A Total (A+B+C)Number of voting rights Percentage of voting rights74,435,330 5.18% 9. Chain of controlled undertakings through which the voting rights and/or thefinancial 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/Ato hold: 12. Date on which proxy holder will cease to hold N/Avoting rights: 13. Additional information: None 14. Contact name: Richard Maloney, Group Solicitor 15. Contact telephone number: 01623 725 119