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TR-1: Notifications of Major Interests in Shares
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Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
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Drax Group plc
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2. Reason for notification (yes/no)
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An acquisition or disposal of voting rights
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X
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An acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
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An event changing the breakdown of voting rights
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Other (please specify):
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3. Full name of person(s) subject to notification obligation:
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AXA S.A, 25 Avenue Matignon, 75008 Paris and its group of companies
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4. Full name of shareholder(s) (if different from 3):
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5. Date of transaction (and date on which the threshold is crossed or reached if different):
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15/06/2009
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6. Date on which issuer notified:
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16/06/2009
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7. Threshold(s) that is/are crossed or reached:
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10%
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8. Notified Details
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A: Voting rights attached to shares
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Class/type of shares
If possible use ISIN code
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Situation previous to the triggering transaction
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Resulting situation after the triggering transaction
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Number of shares
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Number of voting rights
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Number of shares
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Number of voting rights
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Percentage of voting rights
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Direct
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Indirect
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Direct
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Indirect
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GB00B1VNSX38
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36,129,198
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36,129,198
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1,423,807
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1,423,807
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33,038,495
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0.42
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9.73
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B: Financial Instruments
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Resulting situation after the triggering transaction
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Type of financial instrument
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Expiration date
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Exercise/ conversion period/date
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No. of voting rights that may be acquired (if the instrument exercised / converted)
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Percentage of voting rights
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Total (A+B)
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Number of voting rights
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Percentage of voting rights
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34,462,302
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10.15
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9. Chain of controlled undertakings through which the voting rights and /or the financial instruments are effectively held, if applicable:
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Name of the Company / Fund
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Number of Shares
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% of issued share capital
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Alliance Capital Management (Direct)
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503,700
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0.14841
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AXA (Direct)
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667,329
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0.19662
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AXA Financial, Inc (Indirect)
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32,890,711
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9.69087
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AXA IM UK (Direct)
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14,939
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0.00440
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AXA IM UK (Indirect)
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1,298
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0.000382441
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AXA Rosenberg (Direct)
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56,047
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0.02
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AXA Rosenberg (Indirect)
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146,486
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0.043160414
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AXA Winterthur (Direct)
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181,792
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0.053562921
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Total Direct
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1,423,807
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0.41951
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Total Indirect
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33,038,495
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9.73441
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TOTAL
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34,462,302
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10.15392
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Proxy Voting:
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10. Name of proxy holder:
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11. Number of voting rights proxy holder will cease to hold:
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12. Date on which proxy holder will cease to hold voting rights:
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13. Additional information:
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14. Contact name:
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Phil White - Assistant Company Secretary
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15. Contact telephone name:
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+44 (0) 1757 618381
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