Holding(s) in Company

Drax Group PLC
11 January 2008

11 January 2008

                                 DRAX GROUP PLC
                           ('Drax' or the 'Company')
                                  Symbol: DRX

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.       Name of Issuer

Drax Group plc

2.       Reason for notification

An acquisition or disposal of voting rights

3.       Full name of person(s) subject to the notification obligation

Barclays Global Investors

4.       Full name of the shareholder(s) (if different from 3 above)

Barclays Global Fund Advisors
Barclays Global Investors Ltd
Barclays Global Investors N.A.
Indexchange Investments AG

5.       Date of the Transaction

9 January 2008

6.       Date on which issuer notified

10 January 2008

7.       Threshold(s) that is /are crossed or reached

5% to 3%

8.       Notified Details

(A) Voting Rights Attached to shares

Number of Voting Rights (Indirect) - 13,464,020


% of Voting Rights (Indirect) - 3.97%


(B) Financial Instruments

-


Total (A)+(B)

Total number of Voting Rights - 13,464,020

Total % of Voting Rights - 3.97%


9.  Chain of controlled undertakings through which the voting rights and/or
the financial instruments are effectively held


Barclays Global Fund Advisors
Barclays Global Investors Ltd
Barclays Global Investors N.A.
Indexchange Investments AG

Proxy Voting

10.   Name of Proxy holder
-

11.   Number of voting rights proxy holder will cease to hold
-

12.   Date on which proxy holder will cease to hold voting rights
-

13.   Any additional information
This notification is based on shares in issue and voting rights attached thereto
of 339,397,000 ordinary shares of 11 16/29 pence each.

14.   Name of contact and telephone number for queries
Phil White (01757 612167)

15.   Name and signature of authorised company official responsible for making
this notification
Philip Hudson, Company Secretary

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