Director Shareholding

FirstGroup PLC
22 March 2001

                                 SCHEDULE 11

         NOTIFICATION OF INTERESTS OF DIRECTORS AND CONNECTED PERSONS

1) Name of company

FirstGroup plc

2) Name of director

J A Osbaldiston

3) Please state whether notification indicates that it is in respect of
holding of the shareholder named in 2 above or in respect of a non-beneficial
interest or in the case of an individual holder if it is a holding of that
person's spouse or children under the age of 18 or in respect of a
non-beneficial interest

In respect of the director named in (2) above and his spouse.

4) Name of the registered holder(s) and, if more than one holder, the number
of shares held by each of them (if notified)


5) Please state whether notification relates to a person(s) connected with the
Director named in 2 above and identify the connected person(s)

In respect of the director named in (2) above and his spouse.

6) Please state the nature of the transaction. For PEP transactions please
indicate whether general/single co PEP and if discretionary/non discretionary

i)      Exercise of 326,500 executive share options and subsequent sale of
shares
ii)     Sale of 6,000 shares

7) Number of shares/amount of stock acquired

8) Percentage of issued class

9) Number of shares/amount of stock disposed

332,500 ordinary shares of 5 pence each

10) Percentage of issued class

0.078%

11) Class of security

Ordinary shares of 5 pence each

12) Price per share

326,500      @ 298.0173
6,000      @ 298.0175

13) Date of transaction

22 March 2001

14) Date company informed

22 March 2001

15) Total holding following this notification

3,500 ordinary shares of 5 pence each

16) Total percentage holding of issued class following this notification


If a director has been granted options by the company please complete the
following boxes

17) Date of grant

18) Period during which or date on which exercisable

19) Total amount paid (if any) for grant of the option

20) Description of shares or debentures involved: class, number

21) Exercise price (if fixed at time of grant) or indication that price
is to be fixed at time of exercise

22) Total number of shares or debentures over which options held
following this notification

23) Any additional information

Executive share options exercised at 123.51 pence per share under the
Badgerline Group plc Executive Share Option Scheme. Date of grant 4 April
1995.

24) Name of contact and telephone number for queries

Marie Smith, Assistant Group Company Secretary
020 7291 0500

25) Name and signature of authorised company official responsible for making
this notification

Marie Smith, Assistant Group Company Secretary



Date of Notification: 22 March 2001