Director Shareholding

The FirstGroup plc Share Incentive Plan ('the Plan')              

In common with all eligible employees, each of the executive directors of
FirstGroup plc ('the Company') has been invited to apply for Partnership Shares
under the Plan on a monthly basis.

On 21 December 2004, in accordance with standing instructions, David Leeder
chose to contribute to purchase 36 Partnership Shares. The Company matched
these shares on a two for three basis with shares to the value of £20.
Accordingly, David Leeder received 5 Matching Shares. The shares were purchased
at a price of 343.0685 pence per share.

Following these transactions, David Leeder's beneficial holding is 1,228
shares.

23 December 2004