Approval of Boeing Contract

Ryanair Holdings PLC
07 August 2002



  RYANAIR SHAREHOLDERS APPROVE CONTRACT TO PURCHASE UP TO 150 BOEING AIRCRAFT


Ryanair shareholders today 7th August at an Extraordinary General Meeting (EGM)
approved the Boeing contract to purchase 100 firm 737-800 aircraft and up to 50
rolling options. The aircraft have a market value of $5bn and are to be
delivered between December 2002 and December 2008.


Commenting on the approval of the contract Ryanair's CEO Michael O'Leary said,


'We are pleased that the shareholders have demonstrated their continuing
commitment to grow the airline and approved the acquisition of 100 new Boeing
737-800 and up to 50 options. This is a further element of our long term growth
strategy which will enable us to offer even lower fares to more European
consumers over the next eight years'.




Ends.                    Wednesday, 7 August 2002


For further details contact:

Ryanair

Howard Millar

Tel: [phone]


Murray Consultants

Pauline McAlester

Tel: [phone]

                                www.Ryanair.com




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