Holding(s) in Company

Drax Group PLC
15 October 2007



15 October 2007
                                 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

Invesco plc

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

-

5.       Date of the Transaction

11 October 2007

6.       Date on which issuer notified

12 October 2007

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

27%

8.       Notified Details

(A) Voting Rights Attached to shares
Number of Voting Rights (Indirect) - 93,741,569
% of Voting Rights (Direct) - 27.12%

(B) Financial Instruments
-

Total (A)+(B)
Total number of Voting Rights - 93,741,569
Total % of Voting Rights - 27.12%

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

ABN Amro Bank - 522,453                                                       
Allianz Investment Bank AG Sub-Cus - 205,661                                  
Bank of Ireland (Dublin) - 995,641                                            
Bank Austria (Frankfurt) - 104,818                                            
Bank of New York - 118,395                                                    
Banque Paribas - 300,769                                                      
Banque Paribas (Frankfurt) - 441,445                                          
BNP Paribas Jersey SA - 102,610                                               
Bank of New York (Brussels) - 38,902                                          
Credit Agricole Indosuez (Luxembourg) - 188,192                               
Chase Bank - 94,644                                                           
JP Morgan Chase - 2,918,672                                                   
Chase (Frankfurt) - 145,467                                                   
Citibank - 72,371,627                                                         
Credit Agricole Indosuez - 887,302                                            
Citibank (Hong Kong) - 88,524                                                 
Deut Apoth Und Aerzte - 16,605                                                
Dresdner Bank (Frankfurt) - 52,009                                            
EKK EG Kassel - 13,000                                                        
Erste Bank (Vienna) - 51,670                                                  
HSBC Bank Plc (London) - 1,211,229                                            
Japan Trustee Services Bank - 1,560                                           
KAS Bank, Amsterdam - 148,869                                                 
Kommunal Kredit Depotbank AG (Austria) - 20,567                               
Landersbank Hessen-Thuringen Girozentrale - 90,477                            
Mellon Bank, Pittsburg - 609,215                                              
B.Metzler seel.Sohn & Co.KG (Frankfurt) - 153,931                             
Morgan Stanley (London) - 100,623                                             
National Cust Servs AU - 270,380                                              
SCHI (Santander Central Hispano Ivestment) - 47,860                           
State Street Trust & Banking (London) - 9,503,592                             
Trust & Custody Servs JP - 4,799                                              
Northern Trust Company (London) - 1,783,663                                   
Vorarlberger Landes-und Hypothekenbk Akti - 47,704                            
WGZ Bank (Westdeutsche Genossensschafts Zentralbank) - 29,287                 
WestLB Dusseldorf DE - 6,633                                                  
Other - 52,774                                                                

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 Invesco plc in respect of its holding in Drax
was on 24 September 2007, at which point, the disclosable interest was
91,212,877 shares and voting rights representing 26.08% of the issued share
capital

This notification is based on shares in issue and voting rights attached thereto
of 345,560,804 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