Holding in Company

Ryanair Holdings PLC
09 July 2003


Ryanair Holding plc

09 July 2003

Re: Holding in Company

A Letter from Fidelity Investments dated July 1 2003 to Ryanair Holdings Plc.

                         Section 67, Companies Act 1990
                      Notice of Interest in Voting Shares


ENCLOSED ARE AMENDED NOTIFICATIONS OF DISCLOSABLE INTERESTS UNDER THE IRISH
COMPANIES ACT1990. PLEASE NOTE THAT WHILE THIS INFORMATION DETAILS THE
DISCLOSABLE INTERESTS OF MORE THAN ONE ENTITY, THE ENCLOSED DISCLOSURE
CONSTITUTES SEPARATE NOTIFICATIONS OF INTEREST WHICH HAVE BEEN COMBINED SOLELY
FOR PURPOSES OF CLARITY AND EFFICIENCY. IT IS NOT INTENDED TO INDICATE THAT ANY
OF THESE ENTITIES ACT AS A GROUP OR IN CONCERT WITH RESPECT TO THESE INTERESTS.

THESE DISCLOSURES ARE MADE IN THE INTEREST OF CONFORMITY WITH THE COMPANIES ACT.
THE INTEREST DETAILED HEREIN WAS ACQUIRED SOLELY FOR INVESTMENT PURPOSES. FOR
DISCLOSURE PURPOSES, HOLDINGS SHOULD BE REPRESENTED AS FMR CORP. AND ITS DIRECT
AND INDIRECT SUBSIDIARIES AND FIDELITY INTERNATIONAL LIMITED (FIL) AND ITS
DIRECT AND INDIRECT SUBSIDIARIES BOTH BEING NON-BENEFICIAL HOLDERS.

Eleanor Chemlen
Sr. COMPLIANCE SPECIALIST
FIDELITY INVESTMENTS


AMENDMENT 13

NOTIFICATIONS UNDER SECTIONS  SECTION 67 - IRISH COMPANIES ACT


1. COMPANY IN WHICH SHARES ARE HELD:  RYANAIR HOLDINGS PLC


2. NOTIFIABLE INTEREST: ORDINARY SHARES AND ADRs


   (A)    FMR CORP.

          82 DEVONSHIRE STREET

          BOSTON, MA 02109


PARENT HOLDING COMPANY OF FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO),
INVESTMENT MANAGER OF US MUTUAL FUNDS AND FIDELITY MANAGEMENT TRUST COMPANY
(FMTC), A US STATE CHARTERES BANK WHICH ACTS AS A TRUSTEE OR INVESTMENT MANAGER
OF VARIOUS PENSION AND TRUST ACCOUNTS. (SEE SCHEDULE A FOR LISTING OF REGISTERED
SHAREHOLDERS AND THEIR HOLDINGS)


   (B)   FIDELITY INTERNATIONAL LIMITED (FIL)

         P.O. BOX HM 670

         HAMILTON HMCX, BERMUDA



PARENT HOLDING COMPANY FOR VARIOUS DIRECT AND INDIRECT SUBSIDIARIES, INCLUDING
FIDELITY INVESTMENT SERVICES LTD. (FISL), INVESTMENT MANAGERS FOR VARIOUS NON-US
INVESTMENT COMPANIES AND INSTITUTIONAL CLIENTS.  (SEE SCHEDULE A FOR LISTING OF
REGISTERED SHAREHOLDERS AND THEIR HOLDINGS)



3. THE NOTIFIABLE INTERESTS ALSO COMPRISE THE NOTIFIABLE INTERST OF:

         MR. EDWARD C. JOHNSON 3d

          82 DEVONSHIRE STREET

          BOSTON, MA 02109



PRINCIPAL SHAREHOLDER OF FMR CORP. AND FIDELITY INTERNATIONAL LIMITED.



4. THESE NOTIFICATIONS OF DISCLOSABLE INTERESTS CONSTITUTE SEPARATE
NOTIFICATIONS OF INTEREST IN THE SHARES AND ARE COMBINED SOLELY FOR THE PURPOSES
OF CLARITY. NOTHING HEREIN SHOULD BE TAKEN TO INDICATE THAT FMR CORP. AND ITS
DIRECT AND INDIRECT SUBSIDIARIES, FIDELITY INTERNATIONAL LIMITED AND ITS DIRECT
AND INDIRECT SUBSIDIARIES, OR MR, EDWARD C. JOHNSON 3d ACT AS A GROUP OR IN
CONCERT IN RESPECT OF THE DISCLOSED INTERESTS, OR THAT THEY ARE REQUIRED TO
SUBMIT THESE NOTIFICATIONS ON A JOINT BASIS.


5. THE DISCLOSABLE INTERESTS ARISE UNDER SECTION 67 OF THE ACT,

NAMELY WHERE A PERSON, NOT BEING THE REGISTERED HOLDER, IS ENTITLED TO EXERCISE
A RIGHT CONFERRED BY THE HOLDING OF THE SHARES OR TO CONTROL THE EXERCISE OF
SUCH RIGHTS, OR UNDER SECTION 203 OF THE ACT RESPECTIVELY.


ERIC D. ROITER

SENIOR V.P AND GENERAL COUNSEL - FMR CO.

DULY AUTHORIZED UNDER POWERS OF

ATTORNEY DATED DECEMBER 30, 1997,

BY AND ON BEHALF OF FMR CORP, AND ITS

DIRECT AND INDIRECT SUBSIDIARIES, AND

FIDELITY INTERNATIONAL LIMITED

AND ITS DIRECT AND INDIRECT SUBSIDIARIES,


SCHEDULE A

AMENDMEND 13


SECURITY: RYANAIR HOLDING PLC




(ORDINARY SHARES)                  SHARES HELD             MANAGEMENT COMPANY        NOMINEE/REGISTERED NAME

                                      9,295                       FMRCO                    Mellon Bank

                                     428,986                       FPM                    Bankers Trust

                                      38,231                       FPM                  MSS Nominees Ltd

                                      15,680                       FIL                  MSS Nominees Ltd

                                    1,113,970                      FIL                 Chase Nominees Ltd

                                      64,793                       FIL                   RBS Trust Bank

                                      69,630                       FIL                   Northern Trust

                                      21,620                       FIL                    Bankers Trust

Total Ordinary Shares               1,762,205



The following number of ordinary shares held is based on the assumed conversion
of 19,233,850 ADRs (5 ordinary shares for each ADRs)


    (ORDINARY SHARES)          SHARES HELD          MANAGEMENT COMPANY        NOMINEE/REGISTERED NAME

                                 448,000                   FMRCO           State Street Nominees Limited

                                5,574,000                  FMRCO               Chase Nominees Limited

                                85,070,285                 FMRCO                        HSBC

                                  2,500                    FMRCO                      Citibank

                                   750                     FMRCO                        BBH

                                  1,715                    FMRCO                  JP Morgan Chase

                                 441,500                   FMRCO           State Street Nominees Limited

                                 834,000                   FMTC              State Street Bank & Trust

                                  2,500                    FMTC                    Deutsche Bank

                                3,794,000                  FISL             Chase Manhattan Bank London

       Total ADR's              96,169,250

Total Ordinary Shares +         97,931,455

ARD's:
    Current ownership             12.98%
       percentage:

    Shares in issue:           754,316,101

Change in holdings since   (3,613,979) ordinary
      last filing:                shares


This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.


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