DIRECTOR SHAREHOLDING

Ryanair Holdings PLC
02 March 2007





                             DIRECTOR SHAREHOLDING


Ryanair Holdings PLC today (Friday, 2nd March 2007) announced that Kryan
McLoughlin, a Director of the Company, had exercised 100,000 share options at
€1.85 per share.



Ends.                                     Friday, 2nd March 2007



For reference:


Howard Millar - Ryanair             Pauline McAlester - Murray Consultants
Tel: [phone]                 Tel: [phone]



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