22nd Feb 2007 12:18
Ryanair Holdings PLC22 February 2007 Ryanair Statement The European Commission is currently considering whether, on competitiongrounds, to permit Ryanair to acquire Aer Lingus. The deadline for making a decision on the transaction was extended today by theEuropean Commission, with the agreement of Ryanair, from 11 May 2007 to 13 June2007. Ryanair is confident, as it has been throughout the process, that thistransaction will be cleared by the European Commission as it is apro-competitive and pro-consumer deal, which will bring lower fares, greaterefficiency, new aircraft and more choice for consumers around Europe. It willenable Ryanair to take on the traditional/national airlines, who continue tofleece European consumers with high fares and unjustified fuel surcharges. Notes to Editors: Under the Merger Control Regulation, the timetable "may be extended by theCommission with the agreement of the notifying" party for up to twenty workingdays. As is common in such cases, only Ryanair notified the transaction (AerLingus did not) so only Ryanair needed agree. Ends. Thursday, 22nd February 2007 For reference: Peter Sherrard Pauline McAlester Ryanair Murray ConsultantsTel: +353-1-8121228 Tel: +353-1-4980300 The directors of Ryanair accept responsibility for the information contained inthis announcement. To the best of the knowledge and belief of the directors ofRyanair (who have taken all reasonable care to ensure that such is the case),the information contained in this announcement for which they acceptresponsibility is in accordance with the facts and does not omit anything likelyto affect the import of such information. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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