2 January 2019

DRAX GROUP PLC

(Symbol: DRX)

Completion of the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation

Drax Group plc is pleased to announce that it has completed the acquisition of Scottish Power's portfolio of pumped storage, hydro and gas-fired generation, which comprises Scottish Power Generation Group and its wholly owned subsidiary, SMW.

The Acquisition was originally announced on 16 October 2018.

Enquiries:

Drax Investor Relations: Mark Strafford

+44 (0) 1757 612 491

+44 (0) 7730 763 949

Media:

Drax External Communications:

Matt Willey

+44 (0) 7711 376 087

Website: www.drax.com

END

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Drax Group plc published this content on 02 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 January 2019 07:08:02 UTC