IALPA/IMPACT WITHDRAWAL

Ryanair Holdings PLC
14 January 2008



                  IALPA/IMPACT WITHDRAW CLAIMS AGAINST RYANAIR

                    DUBLIN PILOT RECOGNITION CASE COLLAPSES


Ryanair today (Monday, 14th January 2008) arrived at the Labour Court for the
scheduled hearing, which was ordered by the Supreme Court into IALPA/IMPACT 's 4
year old claims on behalf of the Dublin pilots. However IALPA/IMPACT failed to
show, having withdrawn their claims at the last minute, which has collapsed the
IALPA/IMPACT case.

This case stems from attempts by IALPA/IMPACT to use the Industrial Relations
Acts 2001 and 2004 to impose inefficient union practices on high pay, non union
companies like Ryanair through the back door of the Labour Court. Ryanair has
always contended that this legislation does not apply to high pay multinational
companies such as Ryanair, and this claim was successful in the Supreme Court.
This was why the Supreme Court directed that the case be reheard in front of the
Labour Court. The collapse of the IALPA/IMPACT case represents another
humiliating defeat for the Aer Lingus pilots union following their loss in the
Supreme Court, and their bill for Ryanair's legal costs (estimated at over €1m).
Today's climb down by IALPA/IMPACT exposes the false claims in their press
release of 1st February last on the day of the Supreme Court ruling. On that
date IMPACT's Michael Landers claimed:

'We see this ruling as no more than a temporary set back'.

        'We look forward to an early rehearing and believe we have a strong case
        which we will present to the Labour Court in full accordance with the
        guidelines and principles laid down by the Supreme Court today'.

The real losers - sadly - in this defeat have been Ryanair's Dublin pilots, who
were misled and misguided by IALPA/IMPACT for the past four years. These pilots,
acting on advice from IALPA/IMPACT, withdrew from the internal collective
bargaining system in Ryanair, and as a result they missed out on pay increases
and share options in 2005, 2006 and again in 2007. These pay increases and share
options were worth up to €80,000 for each Dublin Captain. Ryanair believes that
its Dublin pilots should strongly consider taking an action for damages against
IALPA/IMPACT for its misleading advice and this humiliating defeat and last
minute withdrawal. As usual Ryanair's pilots have been dumped by an Aer Lingus
union.

Speaking this morning on the steps of the Labour Court, Ryanair's Eddie Wilson
said:

        'IALPA/IMPACT have spent over 20 years trying and failing to unionise
        Ryanair. Their false promises and false claims have cost our Dublin
        pilots considerable sums of money. Perhaps it is time that the trade
        unions in Ireland recognised that they have no role to play in high pay
        multi-national companies like Ryanair, where our sophisticated internal
        collective bargaining arrangements deliver better pay, faster promotions
        and better working conditions for our people than those being delivered
        to union members by our unionised competitors.



        'We trust that those outlets in the Irish media, who routinely give
        undue weight to false claims being made by unions, will in future make a
        better effort to report on these matters in Ryanair with some
        objectivity and balance. The fact that Mr Landers claimed in February
        that the Supreme Court ruling was a 'temporary set back' and that 'he
        looked forward to an early rehearing at the Labour Court', only to
        withdraw all of these claims at the eleventh hour, highlights the extent
        to which the unions mislead and spin on matters relating to Ryanair.

        'We welcome this latest defeat for IALPA/IMPACT, the Aer Lingus pilot
        union, which is another victory for Ryanair's people and secures their
        right to continue to negotiate directly with us for many years into the
        future. The real lesson in this shambles for Ryanair's Dublin pilots, is
        that their best interests can only be secured by negotiating directly
        with the company to improve pay and conditions while ignoring the false
        claims and misleading advice from IALPA/IMPACT which has yet again cost
        Ryanair's Dublin pilots many thousands of euro.'

Ends.                                      Monday, 14th January 2008

For further information

please contact: Peter Sherrard Ryanair    Pauline McAlester Murray Consultants

Tel. [phone]                       Tel. [phone]




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