Drax Secures Power Sale

Drax Group PLC 11 April 2006 11 April 2006 DRAX GROUP PLC ('Drax') (Symbol 'DRX') DRAX SECURES POWER SALE TO 2012 WITH CENTRICA Drax has entered into an agreement with Centrica on standard market terms to provide 600MW of baseload power for a 5 1/4 year period commencing October 2007. This equates to around 27.6TWh of power. The agreement provides Drax with fixed dark green spreads consistent with Drax's trading strategy. Drax will supply power at agreed prices which include Centrica paying Drax for coal, based on international coal prices, and delivering matching CO2 allowances. The volume of this baseload contract is equivalent to a load factor of approximately 16% for the period October 2007 to December 2012. Dorothy Thompson, Chief Executive of Drax said: 'I am very pleased to announce this agreement with Centrica. This transaction secures power sales into the term market whilst retaining Drax's optionality on how and when to dispatch power.' Enquires: Investor Relations Andrew Jones +44 (0) 1757 612 938 Media Tulchan Communications David Trenchard and Peter Hewer +44 (0) 20 7353 4200 -- ENDS -- This information is provided by RNS The company news service from the London Stock Exchange

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