News Release

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR

MIAMI (November 10, 2005) – On November 9, 2005, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) was notified that on that date, Robert H. Dickinson, President and Chief Executive Officer of Carnival Cruise Lines and a member of Carnival Corporation & plc's boards of directors, sold 25,000 shares of Carnival Corporation common stock (“Shares”) which he held indirectly registered in the name of the Dickinson Foundation at an average price of US$52.6202 per share. Following this transaction, Dickinson continues to hold directly or indirectly 296,000 Shares.

This notification relates to disclosures made in accordance with Disclosure Rule 3.1.4(R)(1)(a) and Disclosure Rule 3.1.4(R)(1)(b) disclosure made in accordance with section 324 of the Companies Act 1985.

Further details and a copy of the Forms 4, Statement of Changes in Beneficial Ownership of Securities, filed today by Dickinson 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 or www.carnivalplc.com.

MEDIA CONTACTS:
US
Carnival Corporation & plc
Tim Gallagher
305 599 2600, ext. 16000

UK
Brunswick Group
Sophie Fitton/Sarah Lindgreen
44 (0) 20 7404 5959

INVESTOR RELATIONS CONTACTS:
US/UK
Carnival Corporation & plc
Beth Roberts
305 406 4832