Holding(s) in Company

Drax Group PLC 28 September 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 Morgan Stanley Securities Limited 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 group companies within the Morgan Stanley group of companies. 4. Name of the registered holder(s) and, if more than one holder, the number of shares held by each of them Not disclosed 5. Number of shares / amount of stock acquired 16,866,841 6. Percentage of issued class 4.14% 7. Number of shares / amount of stock disposed N/A 8. Percentage of issued class N/A 9. Class of security Ordinary Shares of 10 pence each 10. Date of transaction On or before 27 September 2006 11. Date company informed 27 September 2006 12. Total holding following this notification 16,866,841 13. Total percentage holding of issued class following this notification 4.14% 14. Any additional information Figures are based on shares in issue of 407,085,395 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 28 September 2006 ENDS This information is provided by RNS The company news service from the London Stock Exchange

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Drax Group (DRX)
UK 100

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