Holding(s) in Company

Drax Group PLC
28 September 2006


                                 Drax Group plc

                                 (Symbol: DRX)


                                  SCHEDULE 10


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.       Name of company

Drax Group plc


2.       Name of shareholder having a major interest

Morgan Stanley Securities Limited


3.       Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18

Shareholder named in 2 above and group companies within the Morgan Stanley group
of companies.


4.       Name of the registered holder(s) and, if more than one holder, the
number of shares held by each of them

Not disclosed


5.       Number of shares / amount of stock acquired

16,866,841


6.       Percentage of issued class

4.14%


7.       Number of shares / amount of stock disposed

N/A


8.       Percentage of issued class

N/A


9.       Class of security

Ordinary Shares of 10 pence each


10.   Date of transaction

On or before 27 September 2006


11.   Date company informed

27 September 2006


12.   Total holding following this notification

16,866,841


13.   Total percentage holding of issued class following this notification

4.14%


14.   Any additional information

Figures are based on shares in issue of 407,085,395


15.   Name of contact and telephone number for queries

Phil White (01757 612167)


16.   Name and signature of authorised company official responsible for making
this notification

Peter Rothwell, Company Secretary


Date of notification

28 September 2006



                                      ENDS   



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