AGM Statement 23rd Sept. 04

Ryanair Holdings PLC
23 September 2004


               RYANAIR'S NEW IFE SYSTEM WOWS SHAREHOLDERS AT AGM

Ryanair, Europe's No. 1 low fares airline, today (Thursday, 23rd September 2004)
presented its new high technology in-flight entertainment system (IFE) to
Shareholders at the Company's Annual General Meeting.

Ryanair is the first low fares airline in the world, and the first European
airline to introduce the advanced IFE for all passengers. IFE will be available
initially on five aircraft operating from Ryanair's biggest base at London
Stansted airport from 1st November 2004, and will be gradually rolled out over
all 82 aircraft during the winter.

Speaking at today's AGM, Ryanair's CEO, Michael O'Leary, said:

        'We showed our new IFE to Shareholders this morning and they loved it.
        In-flight entertainment is another world first from Ryanair, which will
        further enhance Ryanair's No.1 customer service. Nobody beats Ryanair's
        low prices, nobody beats our punctuality and now nobody beats our
        in-flight entertainment either!

RYANAIR'S CUSTOMER SERVICE WHICH INCLUDES:

      + •Lowest air fares in Europe

      + •High frequency schedules

      + •No overbookings

      + •Brand new Boeing aircraft

      + •All leather seats

      + •New technology in-flight entertainment

      + •No.1 on-time major airline

      + •Fewest cancellations

      + •Fewest lost bags

      + •Fewest complaints

Ends.                          Thursday, 23rd September 2004

For further information:

Paul Fitzsimmons - Ryanair     Pauline McAlester - Murray Consultants
Tel: [phone]         Tel: [phone]



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