Holding(s) in Company

Drax Group PLC
09 November 2007


9 November 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


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

  -


5.       Date of the Transaction

7 November 2007


6.       Date on which issuer notified

9 November 2007


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

27%, 28%


8.       Notified Details

(A) Voting Rights Attached to shares
Number of Voting Rights (Indirect) - 95,903,485
% of Voting Rights (Direct) - 28.01%
(B) Financial Instruments
  -
Total (A)+(B)
Total number of Voting Rights - 95,903,485
Total % of Voting Rights - 28.01%


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

ABN Amro Bank - 522,453
Allianz Investment Bank AG Sub-Cus - 205,661
Bank of Ireland (Dublin) - 597,831
Bank Austria (Frankfurt) - 104,818
Bank of New York - 124,050
Banque Paribas - 300,769
Banque Paribas (Frankfurt) - 441,445
BNP Paribas Jersey SA - 102,610
Bank of New York (Brussels) - 42,043
Credit Agricole Indosuez (Luxembourg) - 188,192
Chase Bank - 102,277
JP Morgan Chase - 2,990,068
Chase (Frankfurt) - 145,467
Citibank - 74,565,412
Credit Agricole Indosuez - 887,302
Citibank (Hong Kong) - 88,524
Deut Apoth Und Aerzte - 16,605
Dresdner Bank (Frankfurt) - 52,009
EKK EG Kassel - 13,000
Erste Bank (Vienna) - 51,670
HSBC Bank Plc (London) - 1,221,229
Japan Trustee Services Bank - 1,679
KAS Bank, Amsterdam - 148,869
Landersbank Hessen-Thuringen Girozentrale - 90,477
Mellon Bank, Pittsburg - 609,215
B.Metzler seel.Sohn & Co.KG (Frankfurt) - 153,931
Morgan Stanley (London) - 72,175
National Cust Servs AU - 270,380
SCHI (Santander Central Hispano Ivestment) - 47,154
State Street Trust & Banking (London) - 9,818,592
Trust & Custody Servs JP - 5,187
Northern Trust Company (London) - 1,783,663
Vorarlberger Landes-und Hypothekenbk Akti - 68,271
WGZ Bank (Westdeutsche Genossensschafts Zentralbank) - 29,287
WestLB Dusseldorf DE - 6,633
Other - 34,537


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 15 October 2007, at which point, the disclosable interest was 
93,741,569 shares and voting rights representing 27.12% of the issued share 
capital.  This notification is based on shares in issue and voting rights 
attached thereto of 345,062,804 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