Holding(s) in Company

Drax Group PLC 16 October 2007 16 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 Legal & General Group Plc (L&G) 4. Full name of the shareholder(s) (if different from 3 above) Legal & General Assurance (Pensions Management) Limited (PMC) 5. Date of the Transaction 12 October 2007 6. Date on which issuer notified 15 October 2007 7. Threshold(s) that is /are crossed or reached From 4% - 3% 8. Notified Details (A) Voting Rights Attached to shares Number of Voting Rights (Direct) - 13,777,451 % of Voting Rights (Direct) - 3.99% (B) Financial Instruments - Total (A)+(B) Total number of Voting Rights - 13,777,451 Total % of Voting Rights - 3.99% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held Legal & General Group Plc (Direct and Indirect) (Group) Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and Indirect) Legal & General Investment Management Limited (Indirect) (LGIM) Legal & General Group Plc (Direct) (L&G) (13,777,451 = 3.99% = LGAS, LGPL & PMC) Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD) (12,071,499 - 3.49% = PMC) Legal & General Insurance Holdings Limited (Direct) (LGIH) Legal & General Assurance (Pensions Management) Limited (PMC) (12,071,499 - 3.49% = PMC) Legal & General Assurance Society Limited (LGAS & LGPL) Legal & General Pensions Limited (Direct) (LGPL) 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 L&G in respect of its holding in Drax was on 15 October 2007, at which point, the disclosable interest and voting rights represented 4.00% of the then issued share capital This notification is based on shares in issue and voting rights attached thereto of 345,240,804 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

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Drax Group (DRX)
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