FORM 8.1/8.3

IRISH TAKEOVER PANEL

Lodge with the Irish Stock Exchange (Company Announcements Office) (which will publicise) and the Panel.

Date of disclosure: 06/10/06

DISCLOSURE UNDER RULES 8.1(a), 8.1(b)(i) and 8.3 OF THE IRISH TAKEOVER PANEL ACT 1997, (TAKEOVER) RULES, 1997

Date of dealing: 05/10/06 Dealing in: Ryanair Holdings plc

(1) Class of securities (e.g. ordinary shares): Ordinary

(2) Amount bought Amount sold Price per unit

328 5.65 GBP 685 5.825988 GBP 277 5.95 GBP 100 5.970 GBP 250 6.04 GBP 110 6.05 GBP 12,500 8.30 EUR 5,000 8.33 EUR 102,500 8.40 EUR 20,417 1,000 8.435 EUR 6,853 8.445 EUR 153,630 127,500 8.45 EUR 750,000 2,000 8.455 EUR 5,000 263,406 8.46 EUR 196,000 8.47 EUR 208,498 8.48 EUR 394,000 97,845 8.50 EUR 4,100 8.505 EUR 4,408 8.5008 EUR 900 8.5096 EUR 30,000 13,050 8.51 EUR 1,000 8.5196 EUR 570 8.5118 EUR 35,000 100,000 8.52 EUR 6,423 8.54 EUR 11,500 8.55 EUR 580 8.5598 EUR 4,944 10,000 8.56 EUR 24,054 8.57 EUR 25,890 8.58 EUR 11,270 5,000 8.59 EUR 2,750 8.595 EUR 107,893 105,000 8.60 EUR 1,000 8.605 EUR 3,000 8.61 EUR 55,720 8.62 EUR 12,500 8.63 EUR 22,112 390,000 8.63 EUR 420,613 8.635 EUR 2,000 8.6384 EUR 69,098 23,465 8.64 EUR 14,800 8.6450 EUR 1,240 8.6490 EUR 6,300 250,366 8.65 EUR 150,000 8.66 EUR 150,000 8.67 EUR 897 8.6784 EUR 10,000 8.68 EUR 1,125 8.6976 EUR 218,349 61,800 8.70 EUR 12,500 8.725 EUR 50,400 8.72601 EUR 5,000 101,500 8.74 EUR 10,300 65,000 8.75 EUR 27,500 8.80 EUR 3,200 8.81 EUR 2,800 8.8116 EUR 2,500 8.815 EUR 12,500 119,000 8.82 EUR 90,100 8.83 EUR 20,000 8.84 EUR 5,000 100,000 8.85 EUR 8,650 8,000 8.851 EUR 3,200 8.8516 EUR 2,000 8.8116 EUR 12,500 8.86 EUR 32,500 900 8.88 EUR 5,500 5,500 8.8814 EUR 500 12,500 8.89 EUR 181,100 8.90 EUR 970 970 8.902 EUR 1,350 600 8.9116 EUR 750 8.9118 EUR 5,000 8.9200 EUR 50,000 8.9300 EUR 2,000 8.9382 EUR 5,000 8.94 EUR 32,046 23,650 8.95 EUR 2,000 8.96 EUR 1,700 8.965 EUR 10,000 8.97 EUR 42,500 10,000 8.98 EUR 82 6.06 GBP 58,800 95,968 9.00 EUR 75,000 9.03 EUR 12,500 9.05 EUR

(3) Resultant total of the same class owned or 15,995,767 controlled: (and percentage of class): (2.07%) *

(4) Party making disclosure: * Bank of Ireland Group and its Subsidiaries

(5) Either (a) Name of purchaser/ vendor: (Note 1) J & E Davy

Or (b) If dealing for discretionary client(s), J & E Davy name of fund management organisation:

(6) Reason for disclosure (Note 2) (a) (i) offeror or associate of offeror (Note 3) Yes (ii) offeree or associate of offeree No

Specify which category or categories of associate ((a) to (l) page 3 /4): If category (l), explain:

(b) Rule 8.3 (i.e. disclosure because of ownership or control of YES 1% or more of the class of relevant securities dealt in):

Signed, for and on behalf of the party named in (4) above:

(Also print name of Nicola Krawczyk signatory): Bank of Ireland Group Regulatory Risk & Compliance Telephone and extension +353-1-6044127 number:

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