Admission to Official List

Drax Group PLC
15 December 2005


Drax Group plc ('Drax')
15 December 2005


                         ADMISSION TO THE OFFICIAL LIST


The Ordinary Shares of Drax were admitted to the Official List of the UK Listing
Authority and dealings commenced on the London Stock Exchange earlier today,
shortly after the Schemes of Arrangement became effective.

In addition, S&P earlier today confirmed that it has assigned a 'BBB-' corporate
credit rating to Drax Power Limited, the trading subsidiary of Drax. In
addition, the senior secured debt facilities of Drax, comprising term loan,
letter of credit and revolving credit facilities, have been assigned a 'BBB'
rating.


Gordon Horsfield, Chairman of Drax, commented:

'I am delighted with the outcome of the process which has delivered our
refinancing and listing. Drax is a major participant in the UK power market and
we are pleased that a broad range of investors will now be able to participate.
I would like to thank all of our staff and advisers who have been instrumental
in helping us pass this milestone and we look forward to the future with
confidence and optimism.'


Enquiries:
For more information, please contact:

Andrew Jones
Melanie Wedgbury
Drax                        [phone]

David Trenchard
Peter Hewer
Tulchan Communications     [phone]


-ENDS-


Notes to Editors:

(1)     The refinancing and listing was effected through schemes of arrangement
in England and Wales, Jersey and Cayman Islands which became effective today.

(2) Drax Group plc is the ultimate holding company of Drax Power Limited, the
trading subsidiary of the Drax group of companies and the owner of Drax Power
Station, the largest, cleanest and most efficient coal fired power station in
the UK.




                      This information is provided by RNS
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