Appointment

Ryanair Holdings PLC 12 January 2001 RYANAIR APPOINTS THREE NEW DIRECTORS Ryanair Holdings plc, Europe's largest low fares airline today (Friday, 12th January 2001) announced the appointment of three new non executive directors to the main board of the holding company. The three new directors (who will attend their first meeting at the Spring board meeting of Ryanair Holdings plc in March) are as follows; 1. Mr Michael Horgan Michael Horgan has a long and distinguished career in the airline industry. A former pilot of over 30 years experience, Michael rose through the ranks within Aer Lingus rising to Chief Pilot of the airline and later GM Operations and Assistant Chief Executive - Technical Standards. He retired from Aer Lingus in 1993, but has continued to be active in the industry as a consultant to a number of international airlines, Civil Aviation Authorities and the European Commission. He will chair the Safety Sub-Committee of the Board of Ryanair. 2. Mr Kyran McLaughlin Kyran McLaughlin is a stockbroker and corporate financier of many years standing in Dublin. As Head of Equities at Davy Stockbrokers, Kyran played a central role in advising Ryanair during its initial flotation on the Dublin and Nasdaq stock markets in May 1997 and has continued to be one of the company's principal advisers since that date. 3. Mr Paolo Pietrogrande Chief Executive Officer of ERGA S.p.A., was born in Rome in 1957. He is a US citizen and is a graduate of chemical engineering with a specialisation in Biotecnologies (University of Rome) and in Management (California Institute of Technology, Insead, Fontainebleau and Crottonville, NY). From 1990 to 1996 he worked at Bain and Company where he has been involved in projects for the definition of energy related strategies for The World Bank, Municipal authorities, Electric Utilities and Industrial Companies. In 1996 he joined General Electric Power Systems Europe and Nuovo Pignone, Florence, as Director for Business Development, in charge of strategy planning and merger and acquisitions'. In 1999 he joined the Enel Group where he is currently CEO of ERGA S.p.A., managing director of CISE S.r.l. and Board Member of Comphoebus S.p.A. Mr.Pietrogrande is also Member of the Board of Directors at Ducati Motors plc. Announcing these new appointments to the board of Ryanair Holdings plc, the Chairman, Mr David Bonderman said: 'These are three tremendous additions to our board, as all three bring additional skills and expertise to assist the growth and development of one of Europe's most exciting and innovative airlines. 'Michael has kindly agreed to chair the Safety Sub Committee of the Board, a role that was formally undertaken by Arthur Walls, whereas Kyran will continue to guide the airline in our financing activities and in developing relationships with our ever widening investor base, whilst lastly Paolo Pietrogrande will bring a Continental European perspective to our strategic discussions, something that will be ever more important as we continue to grow and expand in the continent of Europe where the demand for Ryanair's low fare air services continues to be extremely strong. 'All of us look forward to working closely with Michael, Kyran and Paolo over the coming months and years as we continue to make Ryanair not just Europe's largest low fares airline but indeed one of Europe's largest and most successful airlines.' ENDS. Friday, 12th January 2001 For further information please contact: Pauline McAlester Murray Consultants Tel. 353-1-6633332 Michael O'Leary Ryanair Tel. 353-1-8121212 www.RYANAIR.COM - The low fares website
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