Holding(s) in Company

Drax Group PLC
29 June 2006


                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

     
1.   Name of company

Drax Group plc

2.   Name of shareholder having a major interest

Ameriprise Financial, Inc. and its group of which subsidiary Threadneedle Asset
Management Holdings is the ultimate holding company in the UK

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 its subsidiary companies.

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

Deutche Bank - A/c THREADNEEDLE - 144,000
Bank of Ireland Nominees A/c 4261416 - 167,040
Bank of Ireland Nominees A/c 4270483 - 376,733
Bank of Ireland Nominees A/c 4239914 - 246,152
BNY (OCS) Nominees Ltd A/c 219064 - 250,262
BNY (OCS) Nominees Ltd A/c 219709 - 353,112
BNY (OCS) Nominees Ltd A/c 219720 - 441,864
BNY (OCS) Nominees Ltd A/c 277650 - 472,836
Chase Nominees Ltd A/c 41407 - 26,000
Chetwynd Nominees Ltd IPB A/c TBC - 40,000
Littledown Nominees Ltd A/c 07199 - 63,679
Littledown Nominees Ltd A/c 07207 - 1,714,568
Littledown Nominees Ltd A/c 21688 - 495,347
Littledown Nominees Ltd A/c 23525 - 679
Littledown Nominees Ltd A/c 11121 - 13,400
Littledown Nominees Ltd A/c 35822 - 18,300
Littledown Nominees Ltd A/c 27642 - 349,113
Littledown Nominees Ltd A/c 07198 - 1,240,623
Littledown Nominees Ltd A/c 02891 - 15,518,032
Littledown Nominees Ltd A/c 03449 - 640,000
Littledown Nominees Ltd A/c 07205 - 733,039
Littledown Nominees Ltd A/c 18667 - 220,000
Littledown Nominees Ltd A/c 10488 - 7,649,325
Littledown Nominees Ltd A/c 10491 - 1,325,000
Littledown Nominees Ltd A/c 10489 - 886,838
Littledown Nominees Ltd A/c 41408 - 10,100
Littledown Nominees Ltd A/c 10492 - 821,083
Littledown Nominees Ltd A/c 07196 - 45,000
Littledown Nominees Ltd A/c 10469 - 373,546
Littledown Nominees Ltd A/c 10491 - 3,787,995
Littledown Nominees Ltd A/c 10497 - 550,000
Littledown Nominees Ltd A/c 30337 - 69,305
Littledown Nominees Ltd A/c 31348 - 21,000
Littledown Nominees Ltd A/c 02642 - 1,122,560
Littledown Nominees Ltd A/c 10496 - 975,000
Mellon Nominees (UK) Ltd A/c WWSF0004002 - 348,723
Mellon Nominees (UK) Ltd A/c AVOP003002 - 677,621
Roy Nominees A/c 104450 - 113,684
State Street Bank & Trust, Boston A/c GPE1 - 156,814
State Street Nominees Limited A/c JTAY - 79,342
State Street Nominees Limited A/c JY17 - 1,049,266
The Bank of New York (Nominees) Limited A/c 960039 - 1,217
The Bank of New York (Nominees) Limited A/c 960011 - 31,264
The Bank of New York (Nominees) Limited A/c 961111 - 6,159
The Bank of New York (Nominees) Limited A/c 960253 - 552,150
The Bank of New York (Nominees) Limited A/c 961032 - 284,544
The Bank of New York (Nominees) Limited A/c 960028 - 252,031
The Bank of New York (Nominees) Limited A/c 454362 - 258,738
William & Glyns (Isle of Man) Nominees Ltd A/c 301780 - 72,500
William & Glyns (Isle of Man) Nominees Ltd A/c 301781 - 29,930
William & Glyns (Isle of Man) Nominees Ltd A/c 301778 - 30,911


5.   Number of shares / amount of stock acquired

2,909,923

     
6.   Percentage of issued class

0.71%
     
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

29 June 2006

11.  Date company informed

29 June 2006

12.  Total holding following this notification

45,106,426
     
13.  Total percentage holding of issued class following this notification

11.08%
     
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

29 June 2006


                                   ---ENDS---



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