RY awards 3% pay increase

Ryanair Holdings PLC
17 May 2005


                  RYANAIR AWARDS 3% PAY INCREASE TO EMPLOYEES
               ONE OF THE HIGHEST PAY EU AIRLINES JUST GOT BETTER

Ryanair today (Tuesday, 17th May 2005) confirmed that following a round of
direct negotiations with its staff in the month of April, it had implemented a
3% pay increase backdated to 1st April 2005.

This 3% increase will apply to all staff groups across Europe who participated
in the direct negotiations with the Company. Only the Dublin based pilots chose
not to negotiate directly with the Company and as a result they have not at this
time enjoyed a pay increase, however the door remains open to this group should
they choose to avail of it. All of Ryanair's other people will benefit.

Ryanair's Director of Personnel, Eddie Wilson said:

        'This salary increase is a reward for the productivity and the
        dedication of our people who continue to work hard to make Ryanair
        Europe's No 1 low fares airline. While traffic growth remains strong,
        higher oil prices mean that cost control remains vital.

        'Despite high oil prices and over capacity in many European markets,
        Ryanair will again be one of the few airlines in Europe to award salary
        increases and secure careers for our people. This pay increase
        reinforces the strength of Ryanair's model whereby people negotiate
        directly with the Company and as a result enjoy better pay and
        conditions than our low pay unionised competitors'.

                    Airline                   Average Salary*

                    Ryanair                   €49,992
                    Easyjet                   €46,901
                    Lufthansa                 €41,912
                    British Airways           €41,423

*Average salary per employee based on information from last available annual
 reports.

Ends.                         Tuesday, 17th May 2005

For further information:

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



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