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 1116/29 ordinary
shares for 67 old ordinary shares of 111/29 which took effect on 30 April 2007,
Ameriprise Financial Inc. and its group 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

Ameriprise Financial Inc. and its group


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

See additional information under 13.


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) - 492,979
% of Voting Rights (Direct) - 0.140%
Number of Voting Rights (InDirect) - 28,229,649
% of Voting Rights (InDirect) - 8.011%


(B) Financial Instruments
 -
Total (A)+(B)
Total number of Voting Rights - 28,722,628

Total % of Voting Rights - 8.151%


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

Ameriprise Financial, Inc., which controls the voting rights of
Threadneedle Asset Management Holdings Ltd, which controls the voting rights 
of Threadneedle Asset Management Ltd, Threadneedle International Ltd and
Threadneedle Pensions Ltd


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.

American Express                              A/c XTHRF31 13,306
BNY (OCS) Nominees                            A/c 219709 221,042
BNY (OCS) Nominees                            A/c 277650 237,461
BNY (OCS) Nominees                            A/c 219064 121,748
Chase Nominees Ltd                            A/c 42048 78,870
Chetwynd Nominees Ltd IPB                     A/c TBC 214,925
Dexia Bil Sub A/c American Express            A/c PTG4268 119,417
Littledown Nominees Ltd                       A/c 07198 497,878
Littledown Nominees Ltd                       A/c 35822 17,910
Littledown Nominees Ltd                       A/c 11121 12,895
Littledown Nominees Ltd                       A/c 10479 15,754
Littledown Nominees Ltd                       A/c 23525 587
Littledown Nominees Ltd                       A/c 07205 543,520
Littledown Nominees Ltd                       A/c 21688 227,332
Littledown Nominees Ltd                       A/c 07207 1,484,252
Littledown Nominees Ltd                       A/c 03449 534,925
Littledown Nominees Ltd                       A/c 02891 13,324,381
Littledown Nominees Ltd                       A/c 07199 32,679
Littledown Nominees Ltd                       A/c 10497 716,417
Littledown Nominees Ltd                       A/c 18667 137,909
Littledown Nominees Ltd                       A/c 10469 262,814
Littledown Nominees Ltd                       A/c 10496 590,122
Littledown Nominees Ltd                       A/c 10492 503,163
Littledown Nominees Ltd                       A/c 10491 2,612,072
Littledown Nominees Ltd                       A/c 10488 3,846,597
Littledown Nominees Ltd                       A/c 10495 1,069,850
Littledown Nominees Ltd                       A/c 41408 16,525
Littledown Nominees Ltd                       A/c 02642 660,858
Littledown Nominees Ltd                       A/c 31348 25,791
The Bank of New York (Nominees) Ltd           A/c 961032 426,142
William & Glyns (Isle of Man) Nominees Ltd    A/c 301780 71,641
William & Glyns (Isle of Man) Nominees Ltd    A/c 301778 46,584
William & Glyns (Isle of Man) Nominees Ltd    A/c 301781 42,160


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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