Investor Relations

Carnival Corporation & plc Notification of Transaction of Directors/PDMRs and Announcement of Results of Annual General Meetings

MIAMI (April 14, 2011) – Following its annual shareholders’ and boards of directors’ meetings held this week in Southampton, United Kingdom, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced share awards to non-executive directors and the results of the resolutions voted on at its annual general meetings.

Non-Executive Director Share Awards

            Effective on April 13, 2011 grants of restricted shares or restricted share units (“RSUs”), representing a hypothetical interest in Carnival Corporation common stock, were made to nonexecutive directors pursuant to the Carnival Corporation 2011 Stock Plan.

            Awards were granted to non-executive directors as follows:

Non-Executive Director                         Number of               Number of RSUs

                                                            Restricted Shares             

Sir Jonathon Band                                             3,188                               --

Robert H. Dickinson                                          3,188                               --

Arnold W. Donald                                             3,188                               --

Richard J. Glasier                                               3,188                               --

Modesto A. Maidique                                        3,188                               --

Sir John Parker                                                   3,188                               --

Peter G. Ratcliffe                                                    --                         3,188

Stuart Subotnick                                                3,188                               --

Laura Weil                                                         3,188                               --

Randall J. Weisenburger                                    3,188                               --

Uzi Zucker                                                         3,188                               --

            All awards will be released from restriction on the third anniversary of the grant date.  Including the grant referred to above, the non-executive directors' total Carnival

Corporation total share and RSU holdings are as follows:

                                                            Total Number of         Total Number of

Non-Executive Director                         Shares Held                 RSUs Held

Sir Jonathan Band                                           6,276                                  0

Robert H. Dickinson                                       6,276                           7,147

Arnold W. Donald                                        14,236                              250

Richard J. Glasier                                          18,574                                  0

Modesto A. Maidique                                   18,574                                  0

Sir John Parker                                              18,423                                  0

Peter G. Ratcliffe                                                   0                        23,423

Stuart Subotnick                                           18,423                                  0

Laura Weil                                                    15,028                           3,500

Randall J. Weisenburger                               30,923                                  0

Uzi Zucker                                                    73,423                                  0

            This notification relates to disclosures made in accordance with 3.1.4(R)(1)(a) of the Disclosure Rules and Transparency Rules.

            Further details and a copy of the Forms 4, Statement of Changes in Beneficial Ownership of Securities, to be filed by each director with the U.S. Securities & Exchange Commission, can be found at the SEC web site, www.sec.gov, and the Carnival Corporation & plc web site, www.carnivalcorp.com and www.carnivalplc.com.

Annual General Meeting Results

All of the resolutions recommended by the board of directors were passed at the annual general meetings, and in the case of Proposal 19, the alternative that received the most votes was the recommendation that the vote to approve the compensation of our named executive officers should occur on an annual basis. 

The results of the polls conducted at the annual general meetings will be available shortly on the Carnival Corporation & plc web site, www.carnivalcorp.com and

www.carnivalplc.com.

Carnival Corporation & plc is the largest cruise vacation group in the world, with a portfolio of cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises (UK) and P&O Cruises (Australia). 

            Together, these brands operate 99 ships totaling more than 193,000 lower berths with 9 new ships scheduled to be delivered between April 2011 and May 2014. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon. 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.