Holding(s) in Company

Drax Group PLC
18 August 2006



                                  SCHEDULE 10


                   NOTIFICATION OF MAJOR INTERESTS IN SHARES


1.       Name of company

         Drax Group plc


2.       Name of shareholder having a major interest

         Deutsche Bank AG


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

         Deutsche Bank AG


5.       Number of shares / amount of stock acquired

         3,924,318


6.       Percentage of issued class

         0.96%


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 17 August 2006


11.      Date company informed

         17 August 2006



12.      Total holding following this notification

         16,751,496


13.      Total percentage holding of issued class following this notification

         4.11%


14.      Any additional information

         Figures are based on shares in issue of 407,085,395


15.      Name of contact and telephone number for queries

         Peter Rothwell (01757 612167)


16.      Name and signature of authorised company official responsible for 
         making this notification

         Peter Rothwell, Company Secretary


         Date of notification

        18 August 2006



                                   ENDS



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