Statement re New Bank Facility

7 April 2005

                                FIRSTGROUP PLC                                 

           Announcement of new committed £520 million bank facility            

FirstGroup plc has signed a £520 million, 5-year committed revolving credit and
guarantee facility, which replaces existing facilities of £525 million.

The facility was self-arranged and has been provided by Barclays Capital, HSBC
Bank plc, Lloyds TSB Bank and The Royal Bank of Scotland (Bookrunners and
Mandated Lead Arrangers), Calyon and JP Morgan (Senior Managers) and Bayerische
Landesbank, Mizuho Corporate Bank, National Australia Bank, and UBS (Managers).
The Royal Bank of Scotland is also the Facility Agent, and HSBC Bank plc was
the Documentation Agent during the negotiations.

Commenting, Dean Finch, Group Finance Director said: 'This new facility,
provided by a strong bank group, significantly improves pricing and terms, and
increases the duration of our medium term committed borrowing facilities.'

Contacts

Rachael Borthwick, Head of Corporate Communications Tel: [phone]

Ian Weldon, Group Treasury and Tax Director Tel: [phone]