News Release

NOTIFICATION OF TRANSACTION OF DIRECTOR

MIAMI (August 1, 2007) – On July 31, 2007, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) was notified that on that date, Dr. Modesto Maidique, a member of Carnival Corporation & plc's boards of directors, purchased 1,000 shares of Carnival Corporation common stock at a price of $45.053 (USD) per share. Following this transaction, Dr. Maidique owns an aggregate of 4,000 shares of common stock.

This notification relates to disclosures made in accordance with Disclosure Rule 3.1.4(R)(1)(a). Further details and copies of the Forms 4, Statements of Changes in Beneficial Ownership of Securities, to be filed today by Dr. Maidique 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.