Directors Share Sale

Ryanair Holdings PLC
19 November 2004



                              DIRECTORS SHARE SALE

Ryanair Holdings plc ('the company'), Europe's No.1 low fares airline, today 
(November 19, 2004) announced that it had received a notification that Dr. Tony
Ryan a Director of the company had sold 5,000,000 Ordinary Shares in the company
at a price of €5.00 each on November 18, 2004.

For further information

please contact:

Paul Fitzsimmons                     Pat Walsh

Ryanair                              Murray Consultants

Tel. [phone]                  Tel. [phone]


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