Carnival Corporation & plc and Its Brands Donate More Than $7 Million for Hurricane Relief
Funds to be Distributed Across Six Different Disaster Relief Organizations
MIAMI, Nov. 30, 2005 /PRNewswire-FirstCall/ -- Carnival Corporation & plc (NYSE: CCL; LSE) (NYSE: CUK) and its affiliated brands are donating more than $7 million to various disaster relief organizations.
The funds, which are specifically earmarked for hurricane-affected areas in the Gulf Coast, Florida and Mexico, include a $6 million donation from Carnival Corporation & plc and an additional $1 million raised by the employees and guests of its operating companies.
"This year's hurricane season was the most active in modern history, with several storms causing widespread damage to the southeastern U.S. and Mexico's Yucatan Peninsula. Even though hurricane season ends today, there is still significant damage in these regions and thousands of individuals are in need of assistance. It is our hope that this donation will provide much-needed relief to residents in these affected areas," said Micky Arison, Carnival Corporation & plc chairman and CEO.
The donation is earmarked to the following relief organizations:
* American Red Cross Disaster Relief Fund ($2.5 million to aid the Gulf Region and South Florida, as well as $250,000 designated for Cozumel through the Mexican Red Cross)
* United Way of America Hurricane Relief Fund ($1 million to help residents of Broward County, Fla., affected by Hurricane Wilma)
* Partnership for Recovery ($1 million toward this new organization which focuses on creating affordable housing opportunities for individuals and families displaced by Hurricane Wilma in Miami-Dade County, Fla.)
* Florida Hurricane Relief Fund ($1 million)
* Save the Children - Gulf Coast Hurricane Recovery Fund ($250,000)
* My Key West Emergency Relief Fund ($250,000)
In addition to the $6 million corporate donation, $1 million was raised by the employees and guests of Carnival's affiliated cruise brands through various shipboard and shoreside fundraisers, employee payroll deductions, and guest donations through their shipboard accounts.
Carnival Corporation & plc is the largest cruise vacation group in the world, with a portfolio of 12 cruise brands in North America, Europe and Australia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises, Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and P&O Cruises Australia.
Together, these brands operate 79 ships totaling more than 137,000 lower berths with 12 new ships scheduled for delivery between January 2006 and April 2009. Carnival Corporation & plc also operates the leading tour companies in Alaska and the Canadian Yukon, Holland America Tours and Princess Tours. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.
Additional information on Carnival Corporation & plc is available online at http://www.carnivalcorp.com and http://www.carnivalplc.com .
SOURCE Carnival Corporation
CONTACT: Media (U.S.), Tim Gallagher, +1-305-599-2600, ext. 16000, or
Investor Relations (U.S. or UK), Beth Roberts, +1-305-406-4832, both of
Carnival Corporation & plc; or Media (UK), Sophie Fitton or Sarah Lindgreen,
both of Brunswick Group, +011-44-20-7404-5959, for Carnival
