UK's Drax H1 08 coal power profit falls 28 pct

LONDON Aug 5 (Reuters) - Drax (DRX.L), which runs Britain's biggest coal-fired station, made a pre-tax net profit of 206 million pounds in the first six months of 2008, down more than 28 percent from the first half of last year, the company said on Tuesday.

Drax, whose plant in northern England is the country's biggest single source of carbon dioxide, reaffirmed that it expects its full-year EBITDA to be slightly more than 400 million.

Net sales rose by one terawatt hour compared to the first half of last year to 13 TWh in the first six months of 2008.

Drax has proposed distributions of 14.7 pence per share comprising an interim ordinary dividend of 5.0 pence and an interim special divided of 9.7 pence. (Reporting by Daniel Fineren; Editing by Paul Bolding)