Holding(s) in Company

Drax Group PLC
26 June 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

Zurich Financial Services (and its Group)


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.


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 - 588,032
Littledown Nominees Limited a/c 03449 - 525,000
Littledown Nominees Limited a/c 02891 - 15,047,695
Littledown Nominees Limited a/c 35822 - 13,000
Littledown Nominees Limited a/c 11121 - 9,500
Littledown Nominees Limited a/c 23525 - 679
Littledown Nominees Limited a/c 07205 - 733,039
Littledown Nominees Limited a/c 21688 - 495,347
Littledown Nominees Limited a/c 02642 - 1,067,408
Littledown Nominees Limited a/c 07199 - 63,679
Littledown Nominees Limited a/c 07207 - 1,714,568
BNY (OCS) Nominees Limited a/c 219064 - 232,270
William & Glyns (Isle of Man) Nominees Limited a/c 301780 - 55,000
William & Glyns (Isle of Man) Nominees Limited a/c 301778 - 30,911
William & Glyns (Isle of Man) Nominees Limited a/c 301781 - 29,930


5.       Number of shares / amount of stock acquired

4,108,483


6.       Percentage of issued class

1.01%


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 26 June 2006


11.   Date company informed

26 June 2006


12.   Total holding following this notification

20,606,058


13.   Total percentage holding of issued class following this notification

5.06%


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

26 June 2006

                                   ENDS



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