Transaction in Own Shares

2 July 2004

                                FirstGroup plc                                 

              Buyback of 230,000 ordinary shares for cancellation              

FirstGroup plc announces that on 2 July 2004 it purchased for cancellation
230,000 ordinary shares of 5p each at an average price of 278.8877p per share.

There are now 401,071,321 ordinary shares in issue.