Holding(s) in Company

Drax Group PLC
16 October 2007



16 October 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

Legal & General Group Plc (L&G)

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

Legal & General Assurance (Pensions Management) Limited (PMC)

5.       Date of the Transaction

12 October 2007

6.       Date on which issuer notified

15 October 2007

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

From 4% - 3%

8.       Notified Details

(A) Voting Rights Attached to shares
Number of Voting Rights (Direct) - 13,777,451
% of Voting Rights (Direct) - 3.99%

(B) Financial Instruments
-

Total (A)+(B)
Total number of Voting Rights - 13,777,451
Total % of Voting Rights - 3.99%


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

Legal & General Group Plc (Direct and Indirect) (Group)                       

Legal & General Investment Management (Holdings) Limited (LGIMH) (Direct and  
Indirect)                                                                     

Legal & General Investment Management Limited (Indirect) (LGIM)               

Legal & General Group Plc (Direct) (L&G) (13,777,451 = 3.99% = LGAS, LGPL &   
PMC)                                                                          

Legal & General Investment Management (Holdings) Limited (Direct) (LGIMHD)    
(12,071,499 - 3.49% = PMC)                                                    
Legal & General Insurance Holdings Limited (Direct) (LGIH)                    

Legal & General Assurance (Pensions Management) Limited (PMC) (12,071,499 -   
3.49% = PMC)                                                                  
Legal & General Assurance Society Limited (LGAS & LGPL)                       
Legal & General Pensions Limited (Direct) (LGPL)                              

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 L&G in respect of its holding in Drax was on
15 October 2007, at which point, the disclosable interest and voting rights
represented 4.00% of the then issued share capital

This notification is based on shares in issue and voting rights attached thereto
of 345,240,804 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 ---



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