Carnival Corporation & plc Confirms, Clarifies Discussions With TUI AG
MIAMI, Dec. 11 /PRNewswire-FirstCall/ -- Carnival Corporation & plc (NYSE: CCL; LSE) (NYSE: CUK) has confirmed that it has held discussions with TUI AG (TUIGn.DE) and that those discussions are continuing. However, the nature of the discussions has been incorrectly reported by various German media as they do not involve exclusive distribution of any of Carnival's cruise products.
The company's very successful AIDA brand, which serves the German market, is completely satisfied with its present distribution model and appreciates the support that it receives from its travel agent partners.
Should current discussions lead to an agreement with TUI AG, Carnival Corporation & plc will immediately announce details of the agreement. However, until that time, the company will not comment further.
Carnival Corporation & plc is the largest cruise vacation group in the world, with a portfolio of 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 81 ships totaling approximately 144,000 lower berths with 17 new ships scheduled to enter service between March 2007 and spring 2010. 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.
SOURCE Carnival Corporation & plc
CONTACT: MEDIA, US, Tim Gallagher of Carnival Corporation & plc,
+1-305-599-2600, ext. 16000; or UK, Ruban Yogarajah of Brunswick Group,
44 (0) 20 7404 5959; or INVESTOR RELATIONS, US-UK, Beth Roberts of Carnival
Corporation & plc, +1-305-406-4832
