Director Shareholding

Ryanair Holdings PLC
07 March 2007


                             DIRECTOR SHAREHOLDING



Ryanair Holdings PLC today (Wednesday, 7th March 2007) announced that David
Bonderman, Chairman and a Director of the Company, had exercised 100,000 share
options at €1.85 per share.





Ends.                                                 Wednesday, 7th March 2007


For reference:

Howard Millar - Ryanair             Pauline McAlester - Murray Consultants
Tel: [phone]                 Tel: [phone]



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