AGM Statement

easyJet PLC
24 February 2005

NOT FOR DISTIBUTION UNTIL: 10.00 Thursday 24 February 2005



Speaking at the easyJet Annual General Meeting today in Luton, Sir Colin
Chandler, Chairman, said:



'I am pleased to report to shareholders that easyJet's business continues to
perform solidly.



'Our figures for the first quarter, as reported on 7 February 2005, showed total
revenue per passenger broadly in line with last year, with 26% more passengers
carried.  To date the second quarter is performing positively and in line with
our expectations; part of the positive performance will be due to the timing of
Easter. However, there are still challenges ahead and much remains to be
achieved.



'Making predictions in this business is no easy task and, as with our
competitors, visibility remains limited. We can safely say that competition will
continue from low cost carriers and from the established airlines. Volatility in
the price of fuel is inevitable as well. These challenges are being met by
constant attention to cost efficiencies by the management team and continued
emphasis on increasing revenue from all sources available to us.



'The increasing scale of easyJet gives us resilience and the capability to
leverage our size with suppliers and for the benefit of our customers. The
successful management of our scale in an expanding European market is the key to
the continuous enhancement of our business performance which will provide long
term benefits for all of our stakeholders. The staff of easyJet are committed to
the sustained improvement in our performance which is essential for our future
and their achievements to date give me confidence of our ability to succeed.'


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