Holding(s) in Company

Drax Group PLC
19 October 2006


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

                                 (Symbol: DRX)

                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


Thursday 19 October 2006

Drax has received a notification today, from Morgan Stanley, advising that on 
17 October 2006, Morgan Stanley Securities Limited ('MSSL') disposed of an 
interest in the ordinary share capital of Drax with the result that MSSL and 
the Morgan Stanley group companies which are direct or indirect holding 
companies of MSSL, no longer hold a notifiable interest in Drax.

Prior to this notification the last stated holding of Morgan Stanley, as
announced on 9 October 2006, was of 3.11% of the ordinary share capital of Drax.

The number of ordinary shares of Drax currently in issue is 368,921,151.

                                   ---ENDS---


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