Transfer of shares held in treasury

23 May 2008

                                FirstGroup plc                                 

                      Transfer of shares held in treasury                      

FirstGroup plc ("the Company") announces that on 23 May 2008 it transferred to
participants in the Company's employee SAYE scheme 16,817 ordinary shares
(12,946 for the maturity of the SAYE2004 scheme at a price of 267 pence per
share, 2,335 for the early exercise of options of the SAYE2006 scheme at a
price of 325 pence per share and 1,536 for the early exercise of options of the
SAYE2006B scheme 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 378,254 of its ordinary shares in treasury. The total number of
ordinary shares in issue excluding treasury shares is 481,688,916.