Holding(s) in Company

Ryanair Holdings PLC 01 December 2004 A letter from Wellington Management Company, LLP to Ryanair Holdings Plc dated and received 01 December 2004 Wellington Management Company, llp 75 State Street Boston Massachusetts 02109 Telephone: (617) 951-5000 Fax: (617) 951-5250 1 December 2004 Company Secretary Mr. Jim Callaghan Ryanair Holdings plc C/O Ryanair Ltd Corporate Head Office Dublin Airport County Dublin Ireland L2 Re: Notification concerning interests in shares of Ryanair Holdings plc (the 'Company') Dear Mr. Callaghan: 1 Wellington Management Company, LLP ('Wellington Management') 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 discretionary investment manager on behalf of various separate accounts, has purchased, in the aggregate, 1,392,892 ordinary shares and 8,811,736 ADR shares. On a converted basis, this represents the equivalent of 45,451,572 ordinary shares, or 6.03% of the shares outstanding, of the Company. This is an increase of .49% since our notification on November 4, 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. Mr. Jim Callaghan 1 December 2004 Page Two 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. If you have any questions or comments, please do not hesitate to contact me at 617-790-7745. Regards, 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. This information is provided by RNS The company news service from the London Stock Exchange
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