Holding in Company

Ryanair Holdings PLC
05 November 2004

Ryanair Holdings Plc

05 November 2004

Re: Holding in Company

A letter from Wellington Management Company, LLP dated the 04th November 2004 to
Ryanair Holdings Plc, received by Ryanair Holdings Plc 5th November 2004..

Notification concerning interests in shares of Ryanair Holdings plc (the '
Company').

1.        Wellington Management Company, LLP ('WMC'), is registered as an
investment adviser with the United States Securities and Exchange Commission and
acts as discretionary investment manager on behalf of various separate (the '
Accounts') that hold an interest in  shares of the Company.  Wellington
Management's interest in the shares is as an investment manager, as is mentioned
in Sections 67(1) and 77(4) (B) of the Companies Act 1990 (the 'Act').  The
Accounts do not act as a group nor do they act in concert with respect to the
interests in shares.  Wellington Management acquired the interests in shares for
the Accounts  in its capacity as discretionary investment manager to, and solely
for the benefit of, the Accounts, and the interests were acquired solely for
investment purposes.  The shares are registered in the name of the Accounts or
the Accounts' custodians or nominees according to their respective holdings.

2.        Wellington Management as discrtionary investment manager on behalf of
various separate accounts, has purchased, in the aggregate, 1,392,892 ordinary
shares and 8,083,349 ADR shares.  On a converted basis, this represents the
equivalent of 40,416,745 ordinary shares, or 5.54% of the shares outstanding, of
the Company.  This is an increase of 1.23% since our notification on August 17,
2004.  Therefore, Wellington Management hereby gives notice to the Company of
such interest in shares, pursuant to the provisions of Sections 67(1) and 77(4)
(B) of the Act.

3.        This notice is given in fulfillment of, and for the express purpose of
discharging the obligations imposed on us by, Sections 67(1) and 77(4)(B) of the
Act and arising out of the circumstances referred to in paragraph 2.

Julie A. Jenkins

Vice President and Counsel

Wellington Management Company, LLP



 This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.




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