Transfer of shares held in treasury

17 March 2008

                                FirstGroup plc                                 

                      Transfer of shares held in treasury                      

FirstGroup plc ("the Company") announces that on 17 March 2008 it transferred
to participants in the Company's employee SAYE scheme 72,794 ordinary shares
(66,212 for the maturity of the SAYE2004 scheme and 1,111 for the early
exercise of options of the SAYE 2004 scheme, each at a price of 267 pence per
share, 3,087 for the early exercise of options of the SAYE 2006 scheme at a
price of £3.25 pence per share and 2,384 for the early exercise of options of
the SAYE2006B scheme at a price of £4.44 pence per share). The shares were all
formerly held as treasury shares.

Following the above transfer of shares out of treasury, the Company holds a
total of 475,398 of its ordinary shares in treasury. The total number of
ordinary shares in issue excluding treasury shares is 437,803,400.