Ryanair Hold. Plc — Major Shareholding Notification 2010

Oct 4, 2010

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES

	Ryanair Holdings Plc
1. Identity of the issuer or the underlying issuer of
existing shares to which voting rights are attached:

2 Reason for the notification (please tick the appropriate box or boxes):
An acquisition or disposal of voting rights	X
An acquisition or disposal of qualifying financial instruments which may result in the
acquisition of shares already issued to which voting rights are attached
An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments
An event changing the breakdown of voting rights
Other (please specify):

3. Full name of person(s) subject to the notification obligation:	Deutsche Bank AG
4. Full name of shareholder(s) (if different from 3.):
5. Date of the transaction and date on which the threshold is crossed or reached:	29th September 2010
6. Date on which issuer notified:	1st October 2010
7. Threshold(s) that is/are crossed or reached:	4%

8. Notified details:
A: Voting rights attached to shares
Class/type of shares	Situation previous to the triggering transaction		Resulting situation after the triggering transaction
if possible	Number	Number	Number	Number of voting	% of voting
using	of	of	of shares	rights	rights

the ISIN CODE	Shares	Voting Rights	Direct	Direct	Indirect	Direct	Indirec t
IE00BIGKF381 US7835131043	60,525,384 -1,888,230	60,525,384 -1,888,230	61,882,643 -1,636,630	58,274,202 -1,964,360	3,608,441 327,730	3.920% -0.132%	0.243% 0.022%
SUBTOTAL A (based on aggregate voting rights)	60,246,013					4.05	53%

Resulting situation	after the triggeri	ng transaction
Type of financial instrument	Expiration date	Exercise/ Conversion Period	Number of voting rights that may be acquired if the instrument is exercised/ converted.	% of voting rights

C: Financial Ir	nstruments v	vith similar	economic effe	ect to Qualifying Fir	nancial
Resulting situation after the triggering transaction
Type of financial instrument	Exercise price	Expiration date	Exercise/ Conversion period	Number of voting rights instrument refers to	% of voting rights
					Nominal	Delta

Total (A+B+C)
Number of voting rights	Percentage of voting rights
60,246,013	4.053%

9. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable:
Proxy Voting:
10. Name of the proxy holder:
11. Number of voting rights proxy holder will cease to hold:
12. Date on which proxy holder will cease to hold voting rights:
13. Additional information:	Winchester House, 1 Great Winchester Street, London, EC2N 2DB
14. Contact name:	Dirk Young
15. Contact telephone number:	+44 (0)20 7545 8000