Firstbus PLC - Offer Unconditional

RNS No 1551h
FIRSTBUS PLC
31st July 1997


RECOMMENDED OFFER FOR SOUTHAMPTON CITYBUS (1993) LIMITED ('CITYBUS')

UNCONDITIONAL IN ALL RESPECTS

The Board of FirstBus announces that by 3.00pm on Monday 28 July 1997, the
first closing date of the offer for the ordinary share capital of Citybus
("the Offer") acceptances had been received from the holders of 1,191,000
Citybus ordinary shares, representing 99.25% of the issued ordinary share
capital.

The Offer has now become unconditional in all respects following the passing
of a resolution of the shareholders of Citybus at an extraordinary general
meeting yesterday evening.  All other conditions have been either satisfied or
waived.

The Offer values Citybus at a total cost of approximately #11.1 million
(including net debt and the Special Dividend).

Moir Lockhead, Group Chief Executive of FirstBus said, "I am delighted that
the employees of Citybus have responded so positively with the Directors of
Citybus in accepting our offer and we look forward to the company's continuing
success as part of the FirstBus Group."

Enquiries:           Moir Lockhead, Group Chief Executive
                     Frances Gibson Smith, Head of Investor Relations
Telephone:           0171 241 0504



END

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