Holding(s) in Company

Drax Group PLC
08 January 2007


                                 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

Lloyds TSB
through the following legal entities:
LTSB Private Banking and Scottish Widows Investment Partnership


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

Shareholders stated 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


LTSB Private Banking - 12,670
Scottish Widows Investment Partnership - 11,194,163


5.       Number of shares / amount of stock acquired

Not Advised


6.       Percentage of issued class

N/A


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(s)

On or before 5 January 2007


11.   Date company received notification

5 January 2007


12.   Total holding following this notification

11,206,833


13.   Total percentage holding of issued class following this notification

3.038%


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

8 January 2007



                                   ---ENDS---



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