Transfer of shares held in treasury

26 February 2007

                                FirstGroup plc                                 

                      Transfer of shares held in treasury                      

FirstGroup plc ("the Company") announces that on 26 February 2007 it
transferred to participants in the Company's employee SAYE scheme 25,311
ordinary shares at a price of 232 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 3,428,133 of its ordinary shares in treasury. The total number of
ordinary shares in issue excluding treasury shares is 434,850,665.