Holding(s) in Company

Drax Group PLC 06 March 2007 05 MARCH 2007 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 Deutsche Bank AG 4. Full name of the shareholder(s) (if different from 3 above) - 5. Date of the Transaction 01 March 2007 6. Date on which issuer notified 05 March 2007 7. Threshold(s) that is /are crossed or reached 4% 8. Notified Details (A) Voting Rights Attached to shares Number of Voting Rights (Direct) - 15,173,047 % of Voting Rights (Direct) - 4.11% (B) Financial Instruments - Total (A)+(B) Total number of Voting Rights - 15,173,047 Total % of Voting Rights - 4.11% 9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held - 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 The previous notification made by Deutsche Bank AG in respect of its holding in Drax was on 27 February 2007, at which point, the disclosable interest was 14,364,750 shares and voting rights representing 3.89% of the issued share capital All figures are based on shares in issue and voting rights attached thereto of 368,921,151 ordinary shares of 11 1/29 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 Peter Rothwell, Company Secretary ---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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