Aer Lingus Group: Reject Ryanair's offer

The Board of Aer Lingus Group plc (“Aer Lingus”) announces that it has today written to shareholders outlining its reasons for recommending rejection of Ryanair Holdings plc’s (“Ryanair”) offer to purchase the whole of the issued and to be issued ordinary share capital of Aer Lingus not already owned by Ryanair (the “Offer”).

The circular containing the letter recommending that shareholders reject Ryanair’s Offer was issued in accordance with Rules 25 and 30.3 of the Irish Takeover Panel Rules. The circular may be viewed on the Aer Lingus website at the following location:

http://corporate.aerlingus.com/media/corporateaerlinguscom/content/pdfs/Day_14_document.pdf