Holding(s) in Company

Drax Group PLC
11 October 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

INVESCO Perpetual UK Investment Series (UK ICVC)


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.
The notification was given by AMVESCAP as agent for the ICVC named above.


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

Vidacos Nominees Limited


5.       Number of shares / amount of stock acquired

500,000


6.       Percentage of issued class

0.13%


7.       Number of shares / amount of stock disposed

N/A


8.       Percentage of issued class

N/A


9.       Class of security

Ordinary Shares of 11 1/29 pence each


10.   Date of transaction

On 9 October 2006


11.   Date company informed

11 October 2006


12.   Total holding following this notification

37,225,348


13.   Total percentage holding of issued class following this notification

10.09%


14.   Any additional information

Figures are based on shares in issue of 368,921,151


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

11 October 2006



                                   ---ENDS---



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