Transaction in Own Shares

1 July 2004

                                FirstGroup plc                                 

              Buyback of 270,000 ordinary shares for cancellation              

FirstGroup plc announces that on 1 July 2004 it purchased for cancellation
270,000 ordinary shares of 5p each at an average price of 279.8322p per share.

There are now 401,301,321 ordinary shares in issue.