Statement re New Banking Facilities

13 December 2010

For immediate release

                                FIRSTGROUP PLC                                 

                     Statement re: new banking facilities                      

FirstGroup plc ("the Group") announces that it has recently signed US$1,400
million of 5-year committed bank facilities, to refinance US$1,500 million and
£505 million of existing revolving bank facilities that were due to mature in
February 2012. This exercise supports the maturity of the Group's debt
portfolio, prudent levels of liquidity over the medium term, and reflects the
Group's ongoing proactive management of its debt arrangements.

The new 5 year facilities have been signed with the Group's relationship banks
and comprise a US$1,250 million self arranged "club" revolving credit facility
and a US$150 million bilateral term loan.

The reduction in the amount of bank facilities, enabled mainly from headroom
created by the two sterling bond transactions in 2009, and the competitive
pricing on the new facilities will support efficient management of interest
costs over the medium term. The covenants, terms and conditions are the same
as, and in some instances more flexible than, those of the facilities that are
being replaced.

Commenting on the new facilities, Jeff Carr, Group Finance Director, said: "We
are delighted by the continuing strong level of support from our relationship
banks, recommitting for another five years, after a competitive process. We
timed this exercise to take advantage of the recent improvement in the banking
market, and are pleased to have achieved attractive pricing, terms and
conditions."

Contact:

Jeff Carr, Group Finance Director

Rachael Borthwick, Group Corporate Communications Director,

Tel: [phone]