New Spanish Route

Ryanair Holdings PLC
03 October 2003



                      RYANAIR ANNOUNCES NEW ROUTE BETWEEN

                                SPAIN AND LONDON

                        LONDON - VALLADOLID FROM £29.99

    Ryanair, Europe's No.1 low fares airlines, today (03 October 2003) announced
    a new twice-daily route between London and Valladolid, Spain with fares
    starting from £29.99 including taxes. The daily flights will commence on 6th
    November 2003.

    Speaking in Valladolid 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.

    'Valladolid is our 5th airport in Spain, and we will carry 100,000
    passengers on the new route in its 1st year of service, which will create
    100 jobs in the regional economy, and give a huge boost to tourism in the
    region of Castilla & Leon. Previously to fly to London, passengers would
    have had to first endure a 2.5 hour drive to Madrid or fly via Barcelona
    with Iberia but now they can fly direct and save 95% on what they would have
    paid.

    'Ryanair operates 132 routes between 84 destinations and will carry almost
    24 million passengers throughout Europe this year - 1.5m of which will be on
    our 13 Spanish routes, delivering 1 million visitors to Spain.

    '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 Valladolid route starts on 06 November 03 and passengers can book
    online from today at www.ryanair.com.

                           Ryanair Passengers Save Over 90%

        To Valladolid            Iberia           Ryanair           Saving

        From London                £432.00        £ 29.99             93%

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

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

Ends    3rd October 2003

For further information:  Sinead Finn            Mark Leech

                          Ryanair                Murray Consultants

                          Tel: + 44 1279 666 214 Tel: + 353 1 4980300






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