Ryanair Settle with BAA

Ryanair Holdings PLC
13 April 2005


                      BAA AND RYANAIR SETTLE THE FUEL LEVY
                              DISPUTE AT STANSTED

BAA and Ryanair have agreed an out of court settlement which brings to an end
the legal challenges surrounding the scale of fuel levy charges at Stansted
Airport.

Ryanair has paid BAA the amount which it had previously withheld because of the
dispute with the airport about the rate of the fuel levy charge. BAA has
withdrawn its claims that Ryanair committed a repudiatory breach of its contract
at Stansted.

As from 1 April 2005, BAA is reducing its fuel levy charge at Stansted from
0.68p per litre to 0.412p per litre. This agreement will last until the next
regulatory review period starts in April 2008. As a result of this agreement,
the fuel levy savings to Ryanair will exceed £1million per annum.

Both companies have agreed that other than the above details, they will not
comment further on the terms of this settlement.
                                 
Ends.

For reference:

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




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