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Statement re IFRS

12th Jul 2005 11:00

FIRSTGROUP PLC International Financial Reporting Standards FirstGroup plc will be holding an International Financial Reporting Standards(IFRS) briefing for analysts at 3pm today. At this briefing the recentlyreported results for the year ended 31 March 2005 will be restated under IFRS.There is no change to the Group's underlying operations under IFRS and inparticular the Group's strong cashflow or ability to maintain its progressivedividend policy.No trading update will be given at this briefing.Copies of the presentation material will be available on the Group's website www.firstgroup.com.Contacts:Rachael Borthwick,Head of Group Corporate Communications 0207 291 0508ENDFIRSTGROUP PLC

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