New Routes from Milan

Ryanair Holdings PLC
29 September 2004


                    RYANAIR EXPANDS TO 16 ROUTES FROM MILAN
                       $120M INVESTMENT - 2 NEW AIRCRAFT

             7 NEW EUROPEAN ROUTES TO HOLLAND - NORWAY - SPAIN - UK

Ryanair, Europe's No.1 low fares airline, today (Wednesday, 29th September 2004)
announced it is to expand its base at Milan Orio al Serio airport from 3 to 5
based aircraft, representing a further investment of $120M, and also announced 7
new European routes from Milan to: Oslo (Norway), Eindhoven (Holland), Valencia,
Seville & Zaragoza (Spain) and Liverpool & Newcastle (UK). In addition, Ryanair
also announced its 22nd route from its Frankfurt (Hahn) base to Klagenfurt in
Austria.

Ryanair, which is already Italy's favourite airline for Europe, began flying
from Milan Orio al Serio in April 2002, and already operates 9 low fare
international routes from Milan. This year Milan Orio al Serio will have almost
2.0M Ryanair passengers, saving €200M over the high fares charged by Alitalia.

Announcing the new routes in Milan today, Ryanair's Head of Marketing for
Europe, Sinead Finn said:

        'We opened our first Italian base in Milan Orio al Serio in February 03,
        and today we are significantly increasing the size of our base with 2
        brand new Boeing 737-800 aircraft and 7 new routes, bringing a total
        investment by Ryanair at Milan to over $300M.

        'These fantastic new destinations, which are on sale right now at
        www.ryanair.com from an incredible €5.99! (excl. taxes) will start in
        January and February 2005. We would urge passengers wishing to grab a
        bargain to these great destinations to book now, as demand will be 
        huge!'

MILAN ORIO AL SERIO TO:
                      FARE (from)    FREQUENCY             START DATE

OSLO                    €5.99         DAILY                25th FEB 05
(Torp)

LIVERPOOL               €5.99         DAILY                25th FEB 05

NEWCASTLE               €5.99         DAILY                25th FEB 05

SEVILLE                 €5.99         DAILY                25th FEB 05

VALENCIA                €5.99         DAILY                19th JAN 05

ZARAGOZA                €5.99         DAILY                25th FEB 05

EINDHOVEN               €5.99         DAILY                25th FEB 05

Ends.                          Wednesday, 29th September 2004

For further information:

Paul Fitzsimmons - Ryanair     Pauline McAlester - Murray Consultants
Tel: [phone]         Tel: [phone]


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