Holding(s) in Company

Drax Group PLC
01 March 2006



                                  SCHEDULE 10

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES

1.       Name of company

Drax Group plc

2.       Name of shareholder having a major interest

Zurich Financial Services (and its Group)

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.

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 - 188,032
Littledown Nominees Limited a/c 03449 - 360,000
Littledown Nominees Limited a/c 02891 - 8,580,284
Littledown Nominees Limited a/c 35822 - 13,000
Littledown Nominees Limited a/c 11121 - 9,500
Littledown Nominees Limited a/c 07205 - 484,345
Littledown Nominees Limited a/c 21688 - 392,411
Littledown Nominees Limited a/c 02642 - 577,871
Littledown Nominees Limited a/c 07199 - 43,538
Littledown Nominees Limited a/c 07207 - 1,474,293
BNY (OCS) Nominees Limited a/c 219064 - 128,238
William & Glyns (Isle of Man) Nominees Limited a/c 301780 - 55,000

5.       Number of shares / amount of stock acquired

                  12,306,512

6.       Percentage of issued class

                  3.02%

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 1 March 2006

11.   Date company informed

1 March 2006

12.   Total holding following this notification

                  12,306,512

13.   Total percentage holding of issued class following this notification

                  3.02%

14.   Any additional information

Figures are based on shares in issue of 406,927,661

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

1 March 2006

                                      ENDS  



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