Resp: The Business Magazine

Ryanair Holdings PLC
22 February 2007



                  RYANAIR STATEMENT RE: THE BUSINESS MAGAZINE



'There is no truth to the article in The Business Magazine this morning. Neither
Ryanair, nor any of its representatives have made any statements to this
magazine'.



Ends:                                                    Thursday 22nd Feb 2007



For further information:

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


Responsibilty Statement:

The directors of Ryanair accept responsibility for the information contained in
this announcement. To the best of the knowledge and belief of the directors of
Ryanair (who have taken all reasonable care to ensure that such is the case),
the information contained in this announcement for which they accept
responsibility is in accordance with the facts and does not omit anything likely
to affect the import of such information.



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