Raises Net Profit Guidance

Ryanair Holdings PLC
29 September 2006


                     RYANAIR RAISES NET PROFIT GUIDANCE AND

                BUYS 32 BOEING 737 800s - VALUE OVER $2 BILLION

        Ryanair, Europe's largest low fares airline today (Friday, 29th
        September 2006) raised its full year Net Profit guidance to
        approximately €335M (+11%), up from the +5% to +10% previously guided.
        Ryanair also announced the order of a further 32 Boeing 737-800 series
        aircraft, bringing the total number of firm orders for Boeing 737-800s
        to 281.

        These 32 next generation 737-800 aircraft are due for delivery between
        September 2008 and June 2009 and will facilitate double digit annual
        growth from 42M passengers this year to 84M passengers in 2012 as
        Ryanair doubles in size and becomes Europe's largest international
        airline. These firm orders are the conversion of options agreed with
        Boeing in 2005 at prices that give Ryanair the lowest per seat operating
        cost of any European airline.

        Announcing this increased guidance and firm order today in New York,
        Michael O'Leary, Ryanair's CEO said:

            'Our outlook for this winter remains cautious. This winter we will
            launch 106 new routes and 2 new bases (Marseilles and Bremen). We
            have also hedged our fuel requirements for Q4 at an average cost of
            $73 per barrel, lower than we had originally anticipated.

            'Based on our aircraft delivery programme, our new routes and bases,
            we anticipate that passenger growth will be slightly higher at 22%
            (previously 20%) to 42.5m for the full year. We anticipate that our
            loss making competitors will continue to dump fares. We also expect
            slightly lower load factors (down 2% on last year) during H2 which
            will give improved yield stability in the winter period. This will
            result in the decline in forecast yields being closer to 5% which is
            at the lower end of the (-5% to -10%) range we previously guided.

            'As a result of these factors we believe that the increase in Net
            Profit after Tax for the fiscal year will be approximately 11% to
            €335m, slightly higher than our previous (+5% to +10%) range of
            profit guidance.

            'This further purchase of 32 Boeing 737 800 aircraft is great news
            for European passengers who will now enjoy even more low fare routes
            as we double in size to 84M passengers per annum by 2012.


            'These aircraft are equipped with all of the latest technological
            advances in engine type, aerodynamics and blended winglets which
            ensure maximum fuel efficiency and have allowed Ryanair to reduce
            fuel burn by 45% and cut CO2 emissions by 50% per seat. This order
            will also create over 1,500 new highly paid jobs at our 17 bases
            across Europe.

            'Ryanair operates the youngest fleet of aircraft of any major
            airline in Europe and the outstanding reliability and lowest
            operating costs of the Boeing 737 800 aircraft mean that many more
            passengers will enjoy Ryanair's lowest fares and best punctuality'.
    
        Ends.                            Friday, 29th September 2006



        For further information:

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










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