Holding(s) in Company

Drax Group PLC
01 February 2007


                                 Drax Group plc

                                 (Symbol: DRX)


                                  SCHEDULE 10


          NOTIFICATION OF MAJOR INTERESTS IN SHARES AND VOTING RIGHTS


1.       Name of company

Drax Group plc


2.       Name of shareholder having a major interest in shares and voting rights

AMVESCAP PLC


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 on behalf of
discretionary clients.
AMVESCAP has advised that none of the shares contained in this notification are
beneficially owned by AMVESCAP.
See also the comments below under box 14 - Any Additional Information.


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

ABN Amro Bank                           151,947
Bank of Ireland                         874,719
Bank Austria (Frankfurt)                 58,274
Banque Paribas                           92,934
Banque Paribas Jersey 50,369
Credit Agricole Indosuez (Luxembourg)    69,584
Chase Nominees                          977,380
Vidacos Nominees                     50,325,536
Deutsche Apothecar Und Aerzte             9,503
Dresdner Bank (Frankfurt)                16,104
Erst Bank (Vienna)                        5,703
HSBC Bank plc (London)                1,082,246
Kommunal Kreit Deportbank AG (Austria)   12,796
Mellon Bank, Pittsburgh                 543,009
B.Metzler sel.Sohn & Co.KG (Frankfurt)  123,032
Morgan Stanley (London)                  31,950
SCHI (Santander Central Hispanio 
  Investment)                            22,718
State Street Trust & Banking 
 Co (London)                          7,463,537
Northern Trust Company (London)         941,106
WGZ Bank                                 19,724
Westlandebank Dusseldorf                  6,944


5.       Number of shares / amount of stock acquired

3,451,635


6.       Percentage of issued class

0.94%


7.       Number of shares / amount of stock disposed

N/A


8.       Percentage of issued class

N/A


9.       Class of security

Ordinary Shares of 11 1/29 pence each


10.   Date of transaction

On 26 January 2007


11.   Date company informed

31 January 2007


12.   Total holding following this notification

62,879,115


13.   Total percentage holding of issued class following this notification

17.04%


14.   Any additional information

Figures are based on shares in issue of 368,921,151
Based on:
(a) information received previously from Amvescap acting as agent for INVESCO
Perpetual; and
(b) further enquiries made,
Drax understands that at least 40,599,698 shares (as listed under Vidacos
Nominees in box 4 above) were also the subject of the separate notification made
on 19 October 2006 (RNS Number 7444K) in respect of INVESCO Perpetual UK
Investment Series, which makes up that organisation's 11.00% interest.


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

1 February 2007



                                   ENDS



                      This information is provided by RNS
            The company news service from the London Stock Exchange