Issue of Debt

9 September 2009

                                FIRSTGROUP PLC                                 

                               £200M BOND ISSUE                                

FirstGroup plc ("The Group") is pleased to announce the successful launch of £
200m 15-year bonds.

The Group has a clear strategy to extend its debt duration and reduce reliance
on bank borrowings. The proceeds of this issue will be used to repay existing
bank debt. The bond has a coupon of 6.875%.

Commenting on the issue, Nick Chevis, Acting Finance Director, said:

"We are very pleased by the successful launch of the Group's fifth bond issue
which was substantially oversubscribed and attracted a high quality order book.
The continued support from fixed-income investors demonstrates the confidence
in the strength and resilience of the Group.

"The launch represents further consistent progress of our plan to reduce
reliance on bank debt and extend our debt maturity profile."

The issue is expected to close on 18 September 2009.

FirstGroup Contacts:

Nick Chevis, Acting Finance Director, Tel: [phone]

Rachael Borthwick, Corporate Communications Director, Tel: [phone]

Ian Weldon, Group Treasurer, Tel: [phone]