higher fuel

RNS Number:7101T Ryanair Holdings PLC 07 November 2005 RYANAIR PROFITS RISE BY 18% TO RECORD Euro237M. TRAFFIC GROWTH OF 29%, NET MARGIN OF 25% Ryanair, Europe's No. 1 low fares airline, today (Monday, 7th November 2005) announced record half year profits of Euro237m. Traffic grew by 29% to 18.0m passengers, yields increased by 3% and as a result total revenues rose by 33% to Euro946.2m. Unit costs increased by 8% (excluding fuel they fell by 7%) as fuel costs rose by 108% to Euro236.9m. As a result of these significantly higher fuel costs, Ryanair's adjusted after tax margin for the half year fell by 3 points to 25% as adjusted net profit increased by 18% to Euro237m. Summary Table of Results (IFRS) - in Euro Half Year Ended Sept 30, Sept 30, % 2004 2005 Increase Passengers 14.0m 18.0m 29% Revenue Euro710.3m Euro946.2m 33% Profit after Tax (note 1) Euro201.2m Euro237.0m 18% Basic EPS (Euro Cents) 26.49 31.00 17% (note1) Note 1:Adjusted profit after tax and EPS during the half year ended 30 September 2005 excludes a receipt, net of tax, of Euro5.2m arising from the settlement of an insurance claim for the scribing of 6 Boeing 737-200 aircraft.