Holding(s) in Company-Amend

Drax Group PLC
31 October 2007


31 October 2007


AMENDMENT TO RNS RELEASE NUMBER 6270G


We have been advised by Lloyds TSB that the release made yesterday in box 8
should have stated the shares held by them are indirect and not direct as we
stated. All other information is correct.



                                 DRAX GROUP PLC
                           ('Drax' or the 'Company')

                                  Symbol: DRX


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.  Name of Issuer

Drax Group plc


2.  Reason for notification

An acquisition or disposal of voting rights


3.  Full name of person(s) subject to the notification obligation

Lloyds TSB Group Plc


4.  Full name of the shareholder(s) (if different from 3 above)

Boltro Nominees Ltd
Lloyds Bank (PEP) Nominees Ltd
State Street Nominees Ltd


5.  Date of the Transaction

29 October 2007


6.  Date on which issuer notified

30 October 2007


7.  Threshold(s) that is /are crossed or reached

Increase to 5%


8.  Notified Details

(A) Voting Rights Attached to shares

Number of Voting Rights (Indirect) - 17,252,508

% of Voting Rights (Indirect) - 5.025%



(B) Financial Instruments
  -

Total (A)+(B)

Total number of Voting Rights - 17,252,508

Total % of Voting Rights - 5.025%



9.  Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held

2,260 Shares are held by Boltro Nominees Ltd, a wholly owned subsidiary of
Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group Plc.

11,633 Shares are held by Lloyds Bank (Pep) Nominees Ltd, a wholly owned
subsidiary of Lloyds TSB Bank Plc, a wholly owned subsidiary of Lloyds TSB Group
Plc.

17,238,615 Shares are held by State Street Nominees Ltd. Shares are under the
control of Scottish Widows Investment Partnership Ltd, a wholly owned subsidiary
of Scottish Widows Investment Partnership Group Ltd, a wholly owned subsidiary
of Scottish Widows Group Ltd, a wholly owned subsidiary of Lloyds TSB Bank plc,
a wholly owned subsidiary of Lloyds TSB Group Plc.


Proxy Voting


10. Name of Proxy holder

 -


11. Number of voting rights proxy holder will cease to hold

 -


12. Date on which proxy holder will cease to hold voting rights

 -


13. Any additional information

The previous notification made by Lloyds TSB Group Plc in respect of its 
holding in Drax was on 16 March 2007, at which point, the disclosable interest 
and voting rights represented 4.831% of the then issued share capital
This notification is based on shares in issue and voting rights attached 
thereto of 343,316,804 ordinary shares of 11 16/29 pence each.


14. Name of contact and telephone number for queries

Phil White (01757 612167)


15. Name and signature of authorised company official responsible for making
this notification

Philip Hudson, Company Secretary



                                --- ENDS ---



                      This information is provided by RNS
            The company news service from the London Stock Exchange