Holding in Company

Ryanair Holdings PLC
23 July 2003

Ryanair Holdings Plc

23 July 2003

Re: Holding in Company

A Letter from Fidelity Investments dated 18 July 2003 to Ryanair Holdings Plc,
received by Ryanair Holdings on the 18th July 2003.


SECTION 67, COMPANIES ACT 1990
NOTICE OF INTEREST IN VOTING SHARES

ENCLOSED ARE AMENDED NOTIFICATIONS OF DISCLOSABLE INTERESTS UNDER THE IRISH
COMPANIES ACT 1990. PLEASE NOTE THAT WHILE THIS INFORMATION DETAILS THE
DISCLOSABLE INTERESTS OF MORE THAN ONE ENTITY, THE ENCLOSED DISCLOSURE
CONSTITUTES SEPARATE NOTIFICATIONS OF INTEREST WHICH HAVE BEEN COMBINED SOLELY
FOR PURPOSES OF CLARITY AND EFFICIENCY. IT IS NOT INTENDED TO INDICATE THAT ANY
OF THESE ENTITIES ACT AS A GROUP OR IN CONCERT WITH RESPECT TO THESE INTERESTS.

THESE DISCLOSURES ARE MADE IN THE INTEREST OF CONFORMITY WITH THE COMPANIES ACT.
THE INTEREST DETAILED HEREIN WAS ACQUIRED SOLELY FOR INVESTMENT PURPOSES. FOR
DISCLOSURE PURPOSES, HOLDINGS SHOULD BE REPRESENTED AS FMR CORP. AND ITS DIRECT
AND INDIRECT SUBSIDIARIES AND FIDELITY INTERNATIONAL LIMITED(FIL) AND ITS DIRECT
AND INDIRECT SUBSIDIARIES BOTH BEING NON-BENEFICIAL HOLDERS.

Eleanor Chemlon
Sr.Compliance Specialist
Fidelity Investments


AMENDMENT 14

NOTIFICATIONS UNDER SECTIONS 67 - IRISH COMPANIES ACT

1. COMPANY IN WHICH SHARES ARE HELD:  RYANAIR HOLDINGS PLC

2. NOTIFIABLE INTEREST: ORDINARY SHARES AND ADRs

   (A)    FMR CORP.
          82 DEVONSHIRE STREET
          BOSTON, MA 02109

PARENT HOLDING COMPANY OF FIDELITY MANAGEMENT & RESEARCH COMPANY (FMRCO),
INVESTMENT MANAGER OF US MUTUAL FUNDS AND FIDELITY MANAGEMENT TRUST COMPANY
(FMTC), A US STATE CHARTERES BANK WHICH ACTS AS A TRUSTEE OR INVESTMENT MANAGER
OF VARIOUS PENSION AND TRUST ACCOUNTS. (SEE SCHEDULE A FOR LISTING OF REGISTERED
SHAREHOLDERS AND THEIR HOLDINGS)

   (B)   FIDELITY INTERNATIONAL LIMITED(FIL)
         P.O. BOX HM 670
         HAMILTON HMCX, BERMUDA

PARENT HOLDING COMPANY FOR VARIOUS DIRECT AND INDIRECT SUBSIDIARIES INCLUDING
FIDELITY INVESTMENT SERVICES LTD. (FISL),FIDELITY PENSION MANAGEMENT
(FPM),INVESTMENT MANAGERS FOR VARIOUS NON-US INVESTMENT COMPANIES AND
INSTITUTIONAL CLIENTS.  (SEE SCHEDULE A FOR LISTING OF REGISTERED SHAREHOLDERS
AND THEIR HOLDINGS)

3. THE NOTIFIABLE INTERESTS ALSO COMPRISE THE NOTIFIABLE INTERST OF:

         MR. EDWARD C. JOHNSON 3d
          82 DEVONSHIRE STREET
          BOSTON, MA 02109

A PRINCIPAL SHAREHOLDER AND CHAIRMAN OF FMR CORP. AND FIDELITY INTERNATIONAL
LIMITED.

4. THESE NOTIFICATIONS OF DISCLOSABLE INTERESTS CONSTITUTE SEPARATE
NOTIFICATIONS OF INTEREST IN THE SHARES AND ARE COMBINED SOLELY FOR THE PURPOSES
OF CLARITY AND EFFICIENCY NOTHING HEREIN SHOULD BE TAKEN TO INDICATE THAT FMR
CORP. AND ITS DIRECT AND INDIRECT SUBSIDIARIES, FIDELITY INTERNATIONAL LIMITED
AND ITS DIRECT AND INDIRECT SUBSIDIARIES, OR MR, EDWARD C. JOHNSON 3d ACT AS A
GROUP OR IN CONCERT IN RESPECT OF THE DISCLOSED INTERESTS, OR THAT THEY ARE
REQUIRED TO SUBMIT THESE NOTIFICATIONS ON A JOINT BASIS.

5. THE DISCLOSABLE INTERESTS ARISE UNDER SECTION 67 OF THE ACT,

NAMELY WHERE A PERSON, NOT BEING THE REGISTERED HOLDER, IS ENTITLED TO EXERCISE
A RIGHT CONFERRED BY THE HOLDING OF THE SHARES OR TO CONTROL THE EXERCISE OF
SUCH RIGHTS, RESPECTIVELY.

ERIC D.ROITER
SENIOR V.P. & GENERAL COUNSEL -FMR CO.
DULY AUTHORIZED UNDER POWERS OF ATTORNEY DATED
DECEMEBR 30, 1997, BY AND ON BEHALF OF FMR CORP, AND ITS DIRECT
AND INDIRECT SUBSIDIARIES, AND FIDELITY INTERNATIONAL LIMITED
AND ITS DIRECT AND INDIRECT SUBSIDIARIES

SCHEDULE A
AMENDMENT 14

SECURITY: RYANAIR HOLDINGS PLC

ORDINARY SHARES

                            SHARES HELD                MANAGEMENT COMPANY          NOMINEE/REGISTERED NAME
                            9,295                      FMRCO                       MELLON BANK
                            428,986                    FPM                         BANKERS TRUST
                            38,231                     FPM                         MSS NOMIONEES LTD
                            15,680                     FIL                         MSS NOMINEES LTD
                            1,100,370                  FIL                         CHASE NOMINEES LTD
                            64,793                     FIL                         RBS TRUST BANK
                            69,630                     FIL                         NOTHERN TRUST
                            21,620                     FIL                         BANKERS TRUST
TOTAL ORDINARY SHARES       1,748,605

THE FOLLOWING NUMBER OF ORDINARY SHARES HELD IS BASED ON THE ASSUMED CONVERSION
OF 19,750,550 ADRs (5 ORDINARY SHARES OF EACH ADR)

                            677,500                   FMRCO                        STATE STREET NOMINNES LTD
                            5,586,500                 FMRCO                        CHASE NOMINEES LTD
                            86,476,285                FMRCO                        HSBC
                            1,750                     FMRCO                        BBH
                            6,215                     FMRCO                        JP MORGAN CHASE
                            838,500                   FMRCO                        STATE STREET NOMINEES LTD
                            898,000                   FMTC                         STATE STREET BANK & TRUST
                            474,000                   FMTC                         CHASE NOMINEES LTD
                            3,794,000                 FISL                         CAHSE MANHATTAN BANK LONDON
TOTAL ADR'S                 98,752,750
TOTAL ORDINARY SHARES+ADRS  100,501,355
CURRENT OWNERSHIP           13.32%
PERCENTAGE:
SHARES ISSUE                754,316,101
CHANGE IN HOLDING SINCE     +2,569,900 ORDINARY
LAST FILING                 SHARES







This announcement has been issued through the Companies Announcement Service of
                           the Irish Stock Exchange.






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