Clarify Statements

Ryanair Holdings PLC 18 October 2006 Ryanair Holdings plc Ryanair wishes to clarify statements taken out of context by some media reports following a new route press conference this morning in Dublin, as to whether Ryanair would increase its Offer. Ryanair's Offer is an excellent Offer and the Board has not considered any increase in the Offer for Aer Lingus and therefore any increase cannot be ruled in or ruled out. Ends. Wednesday, 18th October 2006 Enquiries: Ryanair Telephone: +353 1 812 1212 Howard Millar Davy Corporate Finance Telephone: +353 1 679 6363 (Financial Adviser to Ryanair) Hugh McCutcheon Eugenee Mulhern Morgan Stanley Telephone: +44 20 74255000 (Financial Adviser to Ryanair) Gavin MacDonald Colm Donlon Adrian Doyle Murray Consultants Telephone: +353 1 498 0300 (Public Relations Advisers to Ryanair) Telephone: +353 86 255 8400 Jim Milton Pauline McAlester Telephone: +353 87 255 8300 Mark Brennock Telephone: +353 87 233 5923 Davy Corporate Finance, which is regulated in Ireland by the Financial Regulator, is acting exclusively for Ryanair and no one else in connection with the Offer and will not be responsible to anyone other than Ryanair for providing the protections afforded to clients of Davy Corporate Finance nor for providing advice in relation to the Offer, the contents of this document or any transaction or arrangement referred to in this announcement. Morgan Stanley is acting exclusively for Ryanair and no one else in connection with the Offer and will not be responsible to anyone other than Ryanair for providing the protections afforded to clients of Morgan Stanley nor for providing advice in relation to the Offer, the contents of this document or any transaction or arrangement referred to in this announcement. The directors of Ryanair accept responsibility for the information contained in this announcement. To the best of the knowledge and belief of the directors of Ryanair (who have taken all reasonable care to ensure that such is the case), the information contained in this announcement for which they accept responsibility is in accordance with the facts and does not omit anything likely to affect the import of such information. Terms defined in the announcement issued by Ryanair on 5 October, 2006 have the same meaning in this announcement. This information is provided by RNS The company news service from the London Stock Exchange
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