Statement re IFRS

FIRSTGROUP PLC                                 

                  International Financial Reporting Standards                  

FirstGroup plc will be holding an International Financial Reporting Standards
(IFRS) briefing for analysts at 3pm today. At this briefing the recently
reported results for the year ended 31 March 2005 will be restated under IFRS.
There is no change to the Group's underlying operations under IFRS and in
particular the Group's strong cashflow or ability to maintain its progressive
dividend policy.

No trading update will be given at this briefing.

Copies of the presentation material will be available on the Group's website 
www.firstgroup.com.

Contacts:

Rachael Borthwick,

Head of Group Corporate Communications 0207 291 0508