23 May 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. |
5. Date of the Transaction
|
22 May 2008 |
6. Date on which issuer notified
|
23 May 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) - 12,457,846 % of Voting Rights (Indirect) - 3.67% (B) Financial Instruments - Total (A)+(B) Total number of Voting Rights - 12,457,846 Total % of Voting Rights - 3.67% |
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. |
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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