Pennant has extended his stay by another month, so he will remain at Leeds until April 19 at the earliest.
However, he told Leeds official website: "It's just been extended from month to month and the plan is to go right to the end of the season."
The England U-21 international has been at Elland Road since August and has played in 26 games scoring one goal, against Chelsea at Elland Road.
Pennant's final game of his latest loan spell will see him go up against Arsenal at Highbury on Friday April 16.