Transaction in Own Shares

14 May 2004

                                FirstGroup plc                                 

              Buyback of 230,000 ordinary shares for cancellation              

FirstGroup plc announces that on 14 May 2004 it purchased for cancellation
230,000 ordinary shares of 5p each at an average price of 280.68p per share.

There are now 402,721,321 ordinary shares in issue.