BUYS 10 CAE FLIGHT SIMULATORS

Ryanair Holdings PLC
24 October 2006



                RYANAIR BUYS 10 CAE FLIGHT SIMULATORS WORTH $80M



Ryanair, Europe's largest low fares airline, today (Tuesday, 24th October 2006)
announced the purchase of 10 flight simulators from CAE, the world's leading
provider of flight simulators for pilot training, in a deal worth over $80M.

The CAE full-flight simulators replicate in every detail the cockpit of
Ryanair's Boeing 737-800 series fleet, reproducing with great accuracy real
flight conditions for the recurrent training of Ryanair pilots.

Announcing the purchase of the CAE simulators today, Howard Millar, Ryanair's
CFO and Deputy CEO said:

        'With this investment, Ryanair will continue to provide world class
        pilot training for its flight crews, as it doubles in size over the next
        5 years from 42.5M passengers this year to more than 80M passengers in
        2012. Over the period Ryanair's fleet, the youngest of any major airline
        in Europe, will grow from 113 Boeing 737-800 aircraft to 234 aircraft on
        firm order.

        'The simulators are for delivery from 2008 and will facilitate the
        expansion of Ryanair's lowest fares across Europe'.


Ends.                              Tuesday, 24th October 2006


Peter Sherrard - Ryanair           Pauline McAlester - Murray Consultants
Tel:  [phone]             Tel:  [phone]




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