Holding(s) in Company

Drax Group PLC
19 October 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

INVESCO Perpetual UK Investment Series (UK ICVC)


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.
The notification was given by AMVESCAP as agent for the ICVC named above.


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

Vidacos Nominees Limited


5.       Number of shares / amount of stock acquired

45,623 on 18 October which triggered this notification and a further 3,329,087
between the date of the last notication and 18 October (thus adding to the
cumulative position)


6.       Percentage of issued class

0.01% in terms of the trigger acquisition and 0.91% in terms of the cumulative
acquisition since the last notification.


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 18 October 2006


11.   Date company informed

19 October 2006


12.   Total holding following this notification

40,599,698


13.   Total percentage holding of issued class following this notification

11.00%


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

19 October 2006



                                   ---ENDS---



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