Interests in Ryanair Shares

Ryanair Holdings PLC
09 March 2006



                                          
Wellington Management Company, llp                     75 State Street
                                                       Boston
                                                       Massachusetts 02109
                                                       Telephone: [phone]
                                                       Fax: [phone]



                                                                    7 March 2006

    Company Secretary
    Mr. Jim Callaghan
    Ryanair Holdings plc
    C/O Ryanair Ltd Corporate Head Office
    Dublin Airport
    County Dublin
    Ireland L2

    Re: Notification concerning interests in shares of Ryanair Holdings plc (the
    'Company')

    Dear Mr. Callaghan:

    1
    Wellington Management Company, LLP ('Wellington Management') is registered
    as an investment adviser with the United States Securities and Exchange
    Commission and acts as discretionary investment manager on behalf of various
    separate accounts (the 'Accounts') that hold an interest in shares of the
    Company. Wellington Management's interest in the shares is as an investment
    manager, as is mentioned in Sections 67(1) and 77(4)(B) of the Companies Act
    1990 (the 'Act'). The Accounts do not act as a group nor do they act in
    concert with respect to the interests in shares. Wellington Management
    acquired the interests in shares for the Accounts in its capacity as
    discretionary investment manager to, and solely for the benefit of, the
    Accounts, and the interests were acquired solely for investment purposes.
    The shares are registered in the name of the Accounts or the Accounts'
    custodians or nominees according to their respective holdings.

    2

    Wellington Management as discretionary investment manager on behalf of
    various separate accounts, has purchased, in the aggregate, 1,231,214 ordinary
    shares and 13,152,650 ADR shares. On a converted basis, this represents the
    equivalent of 66,994,464 ordinary shares, or 8.71% of the shares
    outstanding, of the Company. This is a decrease of 0.33% since our
    notification on 14 November 2005. Therefore, Wellington Management hereby
    gives notice to the Company of such interest in shares, pursuant to the
    provisions of Sections 67(1) and 77(4)(B) of the Act.

    3

    This notice is given in fulfillment of, and for the express purpose of
    discharging the obligations imposed on us by, Sections 67(1) and 77(4)(B) of
    the Act and arising out of the circumstances referred to in paragraph 2.

    If you have any questions or comments, please do not hesitate to contact me
    at 617-790-7745.

    Regards,



    Julie A. Jenkins
    Vice President and Counsel
    Wellington Management Company, LLP




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