Holding(s) in Company

Drax Group PLC
27 December 2006


                                 DRAX GROUP PLC


                                 (Symbol: DRX)


                                  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 intermediate 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

Bank of Ireland Nominees A/c 4239914 - 84,839
BNY (OCS) Nominees Ltd A/c 219064 - 161,514
BNY (OCS) Nominees Ltd A/c 219709 - 408,360
BNY (OCS) Nominees Ltd A/c 219720 - 497,438
BNY (OCS) Nominees Ltd A/c 277650 - 439,455
Chase Nominees Ltd A/c 41407 - 69,910
Chase Nominees Ltd A/c 42048 - 63,846
Chetwynd Nominees Ltd IPB A/c TBC - 70,000
Dexia Bil Sub A/c A,erican Express A/c PTG 4268 - 67,015
Littledown Nominees Ltd A/c 30337 - 51,009
Littledown Nominees Ltd A/c 02642 - 1,170,130
Littledown Nominees Ltd A/c 07205 - 590,718
Littledown Nominees Ltd A/c 07199 - 54,163
Littledown Nominees Ltd A/c 23525 - 615
Littledown Nominees Ltd A/c 21688 - 336,321
Littledown Nominees Ltd A/c 10479 - 16,493
Littledown Nominees Ltd A/c 11121 - 13,500
Littledown Nominees Ltd A/c 35822 - 18,750
Littledown Nominees Ltd A/c 07198 - 1,167,494
Littledown Nominees Ltd A/c 02891 - 15,462,804
Littledown Nominees Ltd A/c 03449 - 560,000
Littledown Nominees Ltd A/c 07207 - 1,553,827
Littledown Nominees Ltd A/c 10469 - 380,134
Littledown Nominees Ltd A/c 10489 - 274,069
Littledown Nominees Ltd A/c 10495 - 1,120,000
Littledown Nominees Ltd A/c 10488 - 7,046,025
Littledown Nominees Ltd A/c 10491 - 3,642,186
Littledown Nominees Ltd A/c 10492 - 426,749
Littledown Nominees Ltd A/c 10496 - 990,155
Littledown Nominees Ltd A/c 10497 - 500,000
Littledown Nominees Ltd A/c 41408 - 13,300
Littledown Nominees Ltd A/c 18667 - 114,374
Mellon Nominees (UK) Ltd A/c AVOF003002 - 251,927
Mellon Nominees (UK) Ltd A/c WWSF0004002 - 128,424
Roy Nominees A/c 104450 - 37,889
State Street Bank & Trust, Boston A/c GPE1 - 130,391
The Bank of New York (Nominees) Limited A/c 960028 - 228,403
The Bank of New York (Nominees) Limited A/c 960253 - 465,274
The Bank of New York (Nominees) Limited A/c 960039 - 986
The Bank of New York (Nominees) Limited A/c 961111 - 5,017
The Bank of New York (Nominees) Limited A/c 961200 - 3,287
The Bank of New York (Nominees) Limited A/c 960011 - 18,719
The Bank of New York (Nominees) Limited A/c 454362 - 194,137
The Bank of New York (Nominees) Limited A/c 961032 - 630,184
Threadneedle Specialist Funds ICVC A/c 34204 - 960,649
William & Glyns (Isle of Man) Nominees Ltd A/c 301780 - 75,000
William & Glyns (Isle of Man) Nominees Ltd A/c 301781 - 40,192
William & Glyns (Isle of Man) Nominees Ltd A/c 301778 - 40,682


5.       Number of shares / amount of stock acquired

N/A


6.       Percentage of issued class

N/A


7.       Number of shares / amount of stock disposed

Not Advised


8.       Percentage of issued class

N/A


9.       Class of security

Ordinary Shares of 11 1/29 pence each


10.   Date of transaction

On or before 26 December 2006


11.   Date company informed

27 December 2006


12.   Total holding following this notification

40,576,365


13.   Total percentage holding of issued class following this notification

10.99%


14.   Any additional information

Figures are based on shares in issue of 368,921,151


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

27 December 2006



                                   ---ENDS---



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