New European Routes

Ryanair Holdings PLC
31 January 2002

                       RYANAIR ANNOUNCES EIGHT NEW ROUTES

                         FROM LONDON STANSTED TO EUROPE

         Ryanair to Save European Air Travellers more than £1.5 billion

Ryanair, Europe's largest low fares airline this morning (Thursday, 31st January
2002) in London announced 8 new routes from London Stansted to Continental
Europe and 3 new routes from Glasgow Prestwick, Liverpool and Brussels
Charleroi.

The eight new routes to be operated from London Stansted are as follows:

Destination                          Start Date      Frequency                 Ryanair        High Fare           %
                                                                                             Competitors
                                                                            One way Fares                      Saving
                                                                                From         (Lowest o.w.
                                                                                                Fares)
Rome (Italy)                         4 April 02      6 Daily Flights             £19         £32.50 (Go)         41%
Milan (Italy)                        4 April 02      4 Daily Flights             £19         £32.50 (Go)         41%
Newquay (England)                    4 April 02      2 Daily Flights             £39          £156 (BA)          75%
Eindhoven (Holland)                  4 April 02      2 Daily Flights             £59          £277 (BA)          78%
Friedrichshafen (Germany)            4 April 02      2 Daily Flights             £59          £433 (BA)          86%
Graz (Austria)                       4 April 02      2 Daily Flights             £59          £435 (BA)          86%
Klagenfurt (Austria)                 27 June 02      2 Daily Flights             £59          £435 (BA)          86%
Montpellier (France)                 4 April 02      2 Daily Flights             £59          £459 (BA)          87%



This Summer, Ryanair will be entering Holland for the first time competing head
to head with KLM and BA, offering fares that are 78% cheaper than the 'rip-off'
flag carriers. In addition, Ryanair will also be adding new services from
Glasgow Prestwick to Oslo Torp; Liverpool to Brussels Charleroi; and a new route
to Rome Ciampino from its Brussels Charleroi base.

Last week, Ryanair announced a new long term partnership with Boeing, for the
purchase of up to 150 new Boeing 737-800 aircraft. Ryanair will operate a fleet
of 44 Boeing 737's this summer on 75 routes to 13 countries. This new aircraft
order will enable Ryanair to continue to grow its passenger traffic to over 40
million passengers per annum, which could make Ryanair not just Europe's largest
low fare carrier, but Europe's No.1 international scheduled airline.

Speaking today at the announcement, Ryanair's Chief Executive, Michael O'Leary
said:


    'This will be Ryanair's biggest and most successful Summer Schedule - ever.

    With these 8 new destinations and our first route to Holland (Eindhoven), we
    will continue our policy of offering choice and low fare competition to
    British Airways, Alitalia, SAS, KLM, Lufthansa and all of Europe's high fare
    carriers. As the comparative fares above show, Europe's consumers have been
    and are still being ripped-off by the high fare carriers.





    'Our new routes to Rome and Milan bring the total number of destinations in
    Italy to twelve. Ryanair will now carry more passengers than British Airways
    or Alitalia between the U.K. and Italy.

    'Our new routes to Graz and Klagenfurt bring our total number of
    destinations in Austria to three, these are in addition to our already
    hugely successful route to Salzburg where we have carried over 150,000
    passengers in the first year.

    'Our new route to Friedrichshafen is our third destination in Germany along
    with Frankfurt Hahn and Hamburg(Lubeck).

    'And now for the first time the people of Cornwall and the West Country will
    have access to Ryanair's low fares with our new domestic route from London
    to Newquay.

    'This Summer, Ryanair will fly on 75 routes around Europe, with a fleet of
    44 Boeing 737 aircraft, we expect to carry over 12 million passengers who
    will save over £1.5 billion compared to the high fares being charged by our
    competitors.'



ENDS.                                   Thursday, 31st January 2002



For further details contact:

Ryanair:               Enda O Toole          Tel:     [phone]

Murray Consultants:    Pauline McAlester     Tel:     [phone]



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