Holding(s) in Company

Drax Group PLC
02 May 2007


02 May 2007

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

                                  Symbol: DRX

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

Following the share consolidation of 64 new ordinary shares of 11 16/29 ordinary
shares for 67 old ordinary shares of 11 1/29 which took effect on 30 April 2007,
Morgan Stanley Investment Management Limited ('MSIM') have confirmed its current
holding as follows:-



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

Morgan Stanley Investment Management Limited ('MSIM')


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

Various clients for which MSIM has voting authority


5.       Date of the Transaction

30 April 2007


6.       Date on which issuer notified

01 May 2007


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

>5%


8.       Notified Details

(A) Voting Rights Attached to shares
Number of Voting Rights (Direct) - 22,001,546
% of Voting Rights (Direct) - 6.2433%
Number of Voting Rights (Indirect) - 0
% of Voting Rights (Direct) - 0%

(B) Financial Instruments
   -
Total (A)+(B)
Total number of Voting Rights - 22,001,546
Total % of Voting Rights - 6.2433%


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




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 number of shares in issue are 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

Peter Rothwell, Company Secretary



                                     ENDS



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