Holding in Company

Ryanair Holdings PLC
29 September 2004

Ryanair Holdings Plc



29 September 2004



Re: Holding in Company



A Letter from Fidelity Investments dated 24 September 2004 to Ryanair Holdings
Plc, received by Ryanair Holdings Plc 24 September 2004.







              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 AND ITS DIRECT AND
INDIRECT SUBSIDIARIES BOTH BEING NON-BENEFICIAL HOLDERS.



Julie Finocchio

Compliance Specialist

Fidelity Investments



AMENDMENT 17



NOTIFICATIONS UNDER SECTIONS 67 - IRISH COMPANIES ACT 1990





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) AN
INVESTMENT MANAGER FOR US MUTUAL FUNDS AND FIDELITY MANAGEMENT TRUST COMPANY
(FMTC), A US STATE CHARTERED 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 PENSION MANAGEMENT (FPM), INVESTMENT MANAGER 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 INTEREST OF:

         MR. EDWARD C. JOHNSON 3d

          82 DEVONSHIRE STREET

          BOSTON, MA 02109



PRINCIPAL SHAREHOLDER 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 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.



RANI JANDU

REGULATORY REPORTING MANAGER, FIL - INVESTMENT COMPLIANCE

CO. DULY AUTHORIZED UNDER POWERS OF

ATTORNEY DATED AUGUST 25, 2004 BY ERIC D.ROITER

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 17



SECURITY: RYANAIR HOLDINGS PLC






                            SHARES HELD                MANAGEMENT COMPANY          NOMINEE/REGISTERED NAME
                            210,387                    FPM                         Bankers Trust
                            3,990                      FIL                         MSS Nominees Limited
                            627,798                    FIL                         Chase Nominees Limited
                            7,926                      FIL                         RBS Trust Bank
                            32,370                     FIL                         Northen Trust
                            1,528                      FIL                         State Street Bank & Trust
Total Ordinary Shares       883,999



The following number of ordinary shares held is based on the assumed conversion
of 19,003,157 ADRs (5 ordinary shares for each ADR).


                            SHARES HELD                 MANAGEMENT COMPANY         NOMINEE/REGISTERED NAME
                            83,286,285                  FMRCO                      HSBC
                            1,500                       FMRCO                      BBH
                            2,946,050                   FMRCO                      Mellon Bank
                            2,545,000                   FMTC                       State Street Bank & Trust
                            2,207,950                   FMTC                       JP Morgan Chase
                            283,500                     FMTC                       State Street Nominees Ltd
Total Ordinary Shares       205,500                     FMTC                       Mellon Bank
                            250,000                     FMTC                       Nortrust Nominees
                            3,200,000                   FISL                       Chase Manhattan Bank London
Total ADR's                 95,015,785
Total Ordinary Shares +     95,899,784
ADR's
Current Ownership           12.71%
percentages
Shares in Issue             754,316,101
Change in holdings since    (4,706,200) ordinary shares
last filing





This announcement has been issued through the Companies Announcement Service of

                           the Irish Stock Exchange.




                      This information is provided by RNS
            The company news service from the London Stock Exchange