Ryanair Hold. Plc — Major Shareholding Notification 2012

Dec 4, 2012

LANSDOWNE PARTNERS LIMITED

15 Davies Street London W1K 3AG

Tel: +44(0)20 7290 5500

Fax: +44(0)20 7409 1122

| To: | Thomas McNamara
Ryanair Holdings PLC | From: | Kamran Salahuddin |
| --- | --- | --- | --- |
| | | Email: | ksalahuddin@lansdownepartners.com |
| | | Tel: | +44(0)20 7408 8508 |
| | | Fax: | +44(0)20 7493 3738 |
| Email: | mcnamarat@ryanair.com | Pages: | 3 (inclusive) |
| Re: | Disclosure | Date: | 04 December 2012 |

I attach the above relating to our aggregate holding of less than 3% in Ryanair Holdings PLC.

Kind regards

Yok Wah Tai

Chief Compliance Officer, Lansdowne Partners Limited

(General Partner of Lansdowne Partners Limited Partnership)

Registered in England No. 3514088

Authorised and regulated in the UK by the Financial Services Authority

Registered as an investment adviser with the U.S. Securities and Exchange Commission

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STANDARD FORM TR-1

VOTING RIGHTS ATTACHED TO SHARES– ARTICLE 12(1) OF DIRECTIVE 2004/109/EC
FINANCIAL INSTRUMENTS – ARTICLE 11(3) OF THE COMMISSION DIRECTIVE 2007/14/EC

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
   i. Ryanair Holdings PLC (SEDOL: B1GKF38 GB)

2. Reason for the notification (please tick the appropriate box or boxes):
   ☑ an acquisition or disposal of voting rights
   ☐ an acquisition or disposal of financial instruments which may result in the acquisition of shares already issued to which voting rights are attached
   ☐ an event changing the breakdown of voting rights

3. Full name of person(s) subject to the notification obligation:
   ¹ Lansdowne Partners Limited being the General Partner of Lansdowne Partners Limited Partnership (discretionary investment manager to certain client funds)
   ² Lansdowne Partners International Limited

4. Full name of shareholder(s) (if different from 3.):
   Vidacos Nominees Limited, HSBC Client Holdings UK Ltd and State Street Nominees Limited

5. Date of the transaction and date on which the threshold is crossed or reached:
   30/11/2012

6. Date on which issuer notified;
   04/12/2012

7. Threshold(s) that is/are crossed or reached:
   3%

8. Notified details:

A) Voting rights attached to shares
Class/type of shares (if possible using the ISIN CODE)	Situation previous to the Triggering transaction vi		Resulting situation after the triggering transaction vii
	Number of Shares viii	Number of Voting rights ix	Number of shares x	Number of voting rights xi		% of voting rights
			Direct	Direct xii	Indirect xiii	Direct	Indirect
Ordinary Shares IE00B1GKF381	48,039,064	48,039,064			Below 3%		Below 3%

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SUBTOTAL A
(based on
aggregate voting
rights)	48,039,064	48,039,064		Below 3%		Below 3%
B) Financial Instruments
---	---	---	---	---
Resulting situation after the triggering transaction^{xiv}
Type of financial instrument	Expiration Date^{xv}	Exercise/Conversion Period/ Date^{xvi}	Number of voting rights that may be acquired if the instrument is exercised/converted	% of voting rights
		SUBTOTAL B (in relation to all expiration dates)
Total (A+B)	number of voting rights	% of voting rights
---	---	---
	Below 3%	Below 3%

1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicable^xvii:
   Lansdowne Partners International Limited is the parent undertaking of Lansdowne Partners Limited.

2. In case of proxy voting: [name of the proxy holder] will cease to hold [number] voting rights as of [date]. N/A

3. Additional information:
   Based on total voting rights of 1,446,699,977
   Done at London (Great Britain) on 04/12/12.