Ryanair Hold. Plc — M&A Activity 2011

Oct 12, 2011

RYANAIR CALLS ON AER LINGUS TO REPLY TO ITS 28TH SEPT PROPOSALS TO INCREASE SHAREHOLDER VALUE

Ryanair today (12 Oct) wrote again to Aer Lingus Chairman Colm Barrington seeking a reply to its 28th September letter containing three proposals to reverse the substantial decline in Aer Lingus’ shareprice from over €3 in 2007 to just over 60 cents in recent days. Aer Lingus has now been sitting on these proposals for two weeks, and as its share price languishes in the low 60 c’s, Ryanair believes that Aer Lingus’ shareholders are entitled to expect urgent action from the Chairman and Board of Aer Lingus. A copy of Ryanair’s open letter to Aer Lingus’ Chairman is attached.

For further information

please contact: Daniel de Carvalho Joe Carmody

Ryanair Ltd Edelman

Tel: +353-1-8121598 Tel. +353-1-6789333