Holding(s) in Company

SCHEDULE 10                                  

                   NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

 1. Name of company
   
FirstGroup plc

 2. Name of shareholder having a major interest
   
AEGON UK plc Group of Companies

 3. Please state whether notification indicates that it is in respect of
    holding of the shareholder named in 2 above or in respect of a
    non-beneficial interest or in the case of an individual holder if it is a
    holding of that person's spouse or children under the age of 18
   
AEGON UK plc Group of Companies meaning Scottish Equitable plc, Scottish
Equitable (Managed Funds) Limited, AEGON Fund Management UK Ltd, AEGON
Investment Management UK Ltd, AEGON Asset Management UK plc, Scottish Equitable
Trustees Limited, Guardian Assurance plc, Guardian Linked Life Assurance
Limited, Guardian Pensions Management Limited and Guardian Unit Managers
Limited.

 4. Name of the registered holder(s) and, if more than one holder, the number
    of shares held by each of them
   
Chase Nominees Limited 12,965,919

 5. Number of shares/amount of stock acquired
   
678,142

 6. Percentage of issued class
   
 7. Number of shares/amount of stock disposed
   
 8. Percentage of issued class
   
 9. Class of security
   
Ordinary shares of 5 pence each

10. Date of transaction
   
6 May 2003

11. Date company informed
   
7 May 2003

12. Total holding following this notification
   
12,965,919

13. Total percentage holding of issued class following this notification
   
3.14%

14. Any additional information
   
15. Name of contact and telephone number for queries
   
Marie Smith, Assistant Group Company Secretary, 020 7291 0505

16. Name and signature of authorised company official responsible for making
    this notification
   
Marie Smith, Assistant Group Company Secretary

Date of notification 7 May 2003