Transfer of shares held in treasury

18 December 2007

                                FirstGroup plc                                 

                      Transfer of shares held in treasury                      

FirstGroup plc ("the Company") announces that on 18 December 2007 it
transferred to participants in the Company's employee SAYE scheme for the early
exercise of options 1,432 ordinary shares (662 ordinary shares at a price of
267 pence per share, 363 ordinary shares at a price of 325 pence per share and
407 ordinary shares at a price of 444 pence per share). The shares were all
formerly held as treasury shares.

Following the above transfer of shares out of treasury, the Company holds a
total of 2,456,012 of its ordinary shares in treasury. The total number of
ordinary shares in issue excluding treasury shares is 435,822,786.