HOSTELWORLD WINS CONTRACT

Ryanair Holdings PLC
28 August 2007



               HOSTELWORLD.COM WINS RYANAIR CONTRACT FOR 5 YEARS

             BEDS FROM €5 AND €10,000 WORTH OF DISCOUNTS THIS WEEK

                         ON HOSTELWORLD AT RYANAIR.COM*


Ryanair, Europe's largest low fares airline today (Tuesday, 28th August 2007)
announced an exclusive 5 year deal with Hostelworld.com to provide hostel, B&B
and guesthouse deals for Ryanair's 50 million annual passengers through
Ryanair's website.

Hostelworld.com is the world leader for hostel, B&B and guesthouse reservations
with over 13,000 properties available in 166 countries worldwide and offers
Ryanair passengers a selection of over 5,500 properties throughout Europe.
Reservations are secured easily and quickly on www.ryanair.com by paying a 10%
deposit with the balance paid on arrival. Beds start from just €5 a night.

Welcoming this new deal, Ryanair's Santina Doherty said:

        'It has never been cheaper or easier to discover Europe on a budget with
        Ryanair and Hostelworld.com. Over the period of this deal, Ryanair will
        double in size, enabling Hostelworld.com to increase its market share
        while providing even more value accommodation for our millions of
        passengers'.

Ray Nolan, Chief Executive of Hostelworld.com said:

        'We are delighted to renew our relationship with Ryanair. By partnering
        with Europe's leading low fares airline we are providing the ideal
        accommodation solution for people looking for a budget break.
        Hostelworld offers hostel and B&B accommodation at every one of
        Ryanair's 136 destinations. We look forward to working with Ryanair over
        the coming years to drive down the cost of travel for millions of
        European consumers'.

Nolan continued:

        'Our partnership with Ryanair has been a fantastic success. Since 2003,
        we have booked accommodation worth more than €28 million across Europe.
        We aim to grow this significant ancillary revenue for Ryanair over the
        next 5 years'.



About Ryanair

Ryanair is the world's favourite airline and will guarantee the lowest fares for
over 50 million international passengers this year on over 545 routes and across
26 countries.

About Hostelworld.com

Hostelworld.com is a leading provider of online reservations to the budget,
independent and youth travel market. It offers confirmed online reservations for
over 13,000 hostels and budget hotels in 166 countries worldwide. The site also
offers budget travellers free podcasts, customised city guides, a travel social
network and more. Hostelworld.com is headquartered in Dublin and is fully owned
and operated by Web Reservations International Ltd (WRI).

    * The next 1,000 Ryanair customers who book a hostel on www.hostelworld.com/
    ryanair will receive a €10 discount voucher, which can be used
    against booking fees on Hostelworld.com

Ends.                         Tuesday, 28th August 2007


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


Nell Ward, Hostelworld.com
[e-mail]
Tel: [phone]




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