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') have been invited to apply for Partnership
Shares under the Plan on a monthly basis.

On 19 December 2003, in accordance with standing instructions, Iain Lanaghan
chose to contribute to purchase 46 Partnership Shares. The Company matched
these shares on a one for two basis with shares to the value of £15 per month.
Accordingly, Iain Lanaghan received 5 Matching Shares. The shares were
purchased at a price of 272.1505 pence per share.

Following these transactions, Iain Lanaghan's beneficial holding is 6,629
shares.

23 December 2003