Holding(s) in Company

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi
1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii			FirstGroup plc
2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights
An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):	An increase in the total voting rights notified by the issuer under DTR 5-6-1R			X
3. Full name of person(s) subject to the notification obligation: iii		West Face Capital Inc.
4. Full name of shareholder(s)  (if different from 3.):iv		West Face Long Term Opportunities Global Master L.P.
5. Date of the transaction and date on which the threshold is crossed or reached: v		01 November 2017
6. Date on which issuer notified:		01 November 2017
7. Threshold(s) that is/are crossed or reached: vi, vii		5.0%

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of shares if possible using the ISIN CODE

Situation previous to the triggering transaction

Resulting situation after the triggering transaction

Number of Shares

Number of Voting Rights

Number of shares

Number of voting rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

Ordinary Shares GB0003452173

60,455,000

60,455,000

60,455,000

60,455,000

-

4.9999%

-

B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial instrument

Expiration date xiii

Exercise/ Conversion Period xiv

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

-

-

-

-

-

C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial instrument

Exercise price

Expiration date xvii

Exercise/ Conversion period xviii

Number of voting rights instrument refers to

% of voting rights xix, xx

-

-

-

-

-

Nominal

Delta

-

-

Total (A+B+C)

Number of voting rights

Percentage of voting rights

60,455,000

4.9999%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable: xxi
West Face Capital Inc. is the investment manager of West Face Long Term Opportunities Global Master L.P.
Proxy Voting:
10. Name of the proxy holder:		N/A
11. Number of voting rights proxy holder will cease to hold:		N/A
12. Date on which proxy holder will cease to hold voting rights:		N/A
13. Additional information:	West Face Capital Inc. is the investment manager of West Face Long Term Opportunities Global Master L.P.
14. Contact name:	Laura Gairdner FirstGroup plc, Company Secretarial Assistant
15. Contact telephone number:	[phone]

Other information

In addition, the information below is provided in accordance with the requirements of the FCA’s Disclosure Guidance and Transparency Rule (DGTR) 6.2.2AR: Legal Entity Identifier:  549300DEJZCPWA4HKM93 Classification as per DGTR 6 Annex 1R:  2.3