Investor Relations

News Release

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DIRECTORS SHAREHOLDING

MIAMI (December 30, 2004) – On December 29, 2004, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) was notified that on that day, Richard J. Glasier, a member of Carnival Corporation & plc's boards of directors, purchased 1,000 shares of Carnival Corporation common stock at a price of $58.43 (USD) per share. Following this transaction, Glasier owns an aggregate of 1,000 shares of common stock.

Further details and copies of the Forms 4, Statements of Changes in Beneficial Ownership of Securities, to be filed today by Glasier with the U.S. Securities & Exchange Commission, can be found at the SEC web site, www.sec.gov, and the Carnival Corporation & plc web sites, www.carnivalcorp.com and www.carnivalplc.com.

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