Holding(s) in Company

Drax Group PLC
16 July 2007


16 July 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

(see also additional information at 13. below)


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

  -


5.       Date of the Transaction

12 July 2007


6.       Date on which issuer notified

13 July 2007


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

 22%


8.       Notified Details

(A) Voting Rights Attached to shares

Number of Voting Rights (Indirect) - 77,590,462

% of Voting Rights (Direct) - 22.01%

(B) Financial Instruments

 -

Total (A)+(B)

Total number of Voting Rights - 77,590,462

Total % of Voting Rights - 22.01%


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

ABN Amro Bank 145,142
Allianz Investment Bank AG Sub-Cus 94,664
Bank of Ireland (Dublin) 916,097
Bank Austria (Frankfurt) 55,664
Banque Paribas (Frankfurt) 208,186
BNP Paribas Jersey SA 105,089
Credit Agricole Indosuez (Luxembourg) 56,857
JP Morgan Chase 1,605,230
Chase (Frankfurt) 21,834
Citibank 62,317,999
Credit Agricole Indosuez 269,983
Deutsche Apothecar Und Aerzte 10,805
Dresdner Bank (Frankfurt) 158,454
EKK EG Kassel 4,482
Erste Bank (Vienna) 51,670
HSBC Bank Plc (London) 1,125,646
KAS Bank, Amsterdam 48,145
Kommunal Kredit Deportbank AG (Austria) 33,519
Mellon Bank, Pittsburgh 514,215
B.Metzler sel.Sohn & Co.KG (Frankfurt) 89,712
Morgan Stanley (London) 79,902
National Cust Serv AU - 145,514
SCHI (Santander Central Hispanio Investment) 21,700
State Street Trust & Banking Co (London) 8,362,117
Northern Trust Company (London) 1,077,567
WGZ Bank (Westdeutsche Genossensschafts Zentralbank) 17,541
WestLB Dusseldorf DE 6,633
Other - 46,095


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 20 June 2007, at which point, the disclosable interest was 74,500,804
shares and voting rights representing 21.14% of the issued share capital
All figures contained in this notification are based on shares in issue and
voting rights attached thereto of 352,402,304 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