Low fares arrive in Santiago!

Ryanair Holdings PLC
11 January 2005


                    RYANAIR'S LOW FARES ARRIVE IN SANTIAGO!
                          NEW ROUTE TO LONDON STANSTED

Ryanair, Europe's No. 1 low fares airline today (Tuesday, 11th January 2005)
announced a new direct route from Santiago De Compostela to London Stansted. The
new route will commence on 11th April 2005 and will operate daily with fares
starting from just €2.99*

Announcing the new route today, Ryanair's Chief Executive Michael O'Leary said:

        'For the first time the people of Galicia can enjoy Ryanair's low fares
        revolution! When it comes to low fares in Europe Ryanair is No 1. Other
        airlines pretend to be low fares but when it comes to low fares Ryanair
        leaves the others in our slipstream. Our new route commences on 11th
        April 2005 with fares starting from just €2.99*!

        'This new low fares route is good news for consumers and good news for
        Galicia. Ryanair will carry 100,000 passengers on its 1st year on this
        new low fares route and will deliver 75,000 visitors to Santiago and
        wider Galicia. This translates to the direct creation of 100 jobs for
        the region and savings of €10 M for these consumers over the high fares
        airlines'.

SANTIAGO TO LONDON 11th APRIL 2005

   IBERIA**            RYANAIR                 RYANAIR SAVING
     €699               €2.99                      €696

(**Source Iberia website - 6thJan 05)
*One way tax exclusive

Santiago to London Stansted Offer details:

Booking Period:                  11th Jan - 18th Jan
Travel Period:                   11th April - 26th May
Blackout Period:                 28th May - 2nd May


ENDS.                         Tuesday, 11th January 2005

For reference:

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



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