The FirstGroup plc Share Incentive Plan ('the Plan')
In common with all eligible employees, each of the executive directors of
FirstGroup plc ('the Company') have been invited to apply for Partnership
Shares under the Plan on a monthly basis.
On 21 March 2003 Iain Lanaghan chose to contribute to purchase 51 Partnership
Shares. The Company matched these shares on a one for two basis with shares to
the value of £15 per month. Accordingly, Iain Lanaghan received 6 Matching
Shares. The shares were purchased at a price of 245.00 pence per share.
Following these transactions, Iain Lanaghan's beneficial holding is 6,155
shares.
24 March 2003
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