New Spanish Route

Ryanair Holdings PLC
16 October 2003


                      RYANAIR ANNOUNCES NEW ROUTE BETWEEN
                                LONDON and SPAIN
                      London - Reus-Barcelona from £19.99

    Ryanair, Europe's No.1 low fares airlines, today (Thursday, 16 October 2003)
    announced a new twice-daily route between London and Reus-Barcelona, Spain
    with fares starting from £19.99 one-way including taxes. The daily flights
    will commence on 06th November 2003.

    Speaking in Reus-Barcelona today, Michael O'Leary, Chief Executive of
    Ryanair said:

        'Spain has long been the traditional stronghold of charter airlines but
        Ryanair's low fares have changed that.

        'Reus is our 2nd airport in Catalunya and we will carry 200,000
        passengers on the new route in its 1st year of service, which will
        create 200 jobs in the local economy and give a huge boost to tourism to
        the country. Previously, to fly to London, passengers would have had
        drive to Barcelona to fly direct with Iberia but now they can fly direct
        from Reus with Ryanair and save 95% on what they would have paid.

        'Ryanair now operates 133 routes between 85 destinations and will carry
        almost 24 million passengers throughout Europe this year - 1.5m of which
        will be on our 2 Catalonian routes and 12 Spanish routes, delivering 1
        million visitors to Catalunya and Spain combined.

        'Ryanair offers more routes, more destinations, more frequency, better
        punctuality and unbeatable passenger service which is why we continue to
        grow rapidly and are Europe's No. 1 low fares airline.'

    The new Reus route starts on 20 November 03 and passengers can book online
    from today at www.ryanair.com.

                   Ryanair Passengers Save Over 90%

From London              Iberia           Ryanair           Saving

To Barcelona               £447.80        £ 19.99              95%

                                                               1. London
                                                             Heathrow to
                                                              Barcelona.
                                                                     Tax
                                                         inclusive fares
                                                         as published on
                                                                 company
                                                             websites on
                                                            14-10-03 for
                                                               travel on
                                                              06-11-03

       Full details of fares and timetables available at www.ryanair.com.

ENDS     16TH October 2003

For Further Information:

For further information:

Sinead Finn                  Pauline McAlester

Ryanair                      Murray Consultants

Tel: + 00 44 1 279 666 214   Tel: + 353 1 4980300

Timetable

Flight From           To              Depart /  M    T    W    T    F    S   S
No.                                     Arrive

FR     London         Reus-Barcelona    0610 - 1    2    3    4    5    6    7
3842                                    0930

FR     London         Reus-Barcelona    1710 - 1    2    3    4    5    6    7
3848                                    2030

FR     Reus-Barcelon- London            1000 - 1    2    3    4    5    6    7
3843                                    1115

FR     Reus-Barcelona London            2055 - 1    2    3    4    5    6    7
3849                                    2210


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