Ryanair Hold. Plc — Major Shareholding Notification 2013

May 21, 2013

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/ECi

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

2. Reason for the notification (please tick the appropriate box or boxes):

[x] 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

1. Full name of person(s) subject to the notification obligationiii:

HSBC Holdings plc

1. Full name of shareholder(s) (if different from 3.)iv:

HSBC Bank plc

HSBC Global Asset Management (France)

HSBC Global Asset Management (International) Limited

HSBC Global Asset Management (UK) Limited

HSBC Investment Management

INKA Internationale Kapitalanlagegesellschft mbH, Dusseldorf

1. Date of the transaction and date on which the threshold is crossed or reachedv:

17th May 2013

1. Date on which issuer notified;

21st May 2013

1. Threshold(s) that is/are crossed or reached:

Below 5%

1. 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 transactionvii
Number of Sharesviii	Number of Voting rightsix	Number of sharesx	Number of voting rightsxi		% of voting rights
Direct	Directxii	Indirect xiii	Direct	Indirect
IE00B1GKF381	95,457,377	6.596 %	Below Disclosure Threshold	Below Disclosure Threshold	Below Disclosure Threshold	Below Disclosure Threshold	Below Disclosure Threshold
SUBTOTAL A (based on aggregate voting rights)

B) Financial Instruments
Resulting situation after the triggering transactionxiv
Type of financial instrument	Expiration Datexv	Exercise/Conversion Period/ Datexvi	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 Disclosure Threshold	Below Disclosure Threshold	Below Disclosure Threshold

1. Chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held, if applicablexvii:

2. In case of proxy voting: [name of the proxy holder] will cease to hold

[number] voting rights as of [date].

1. Additional information: Done at [place] on [date].