Investor Relations

News Release

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Transaction in Own Shares

Carnival Corporation & plc

Purchase of Shares

MIAMI (23 August 2007) -- -In accordance with Carnival Corporation & plc's (NYSE /LSE: CCL; NYSE: CUK) previously announced share buy-back programme, Carnival Corporation & plc announces that on 22 August 2007 Carnival Investments Limited, Carnival Corporation's wholly-owned subsidiary, purchased 100,000 of ordinary shares in Carnival plc at an average price of £21.6885 per share. The highest price paid was £21.78 per share and the lowest price paid was £21.55 per share.

This notification relates to disclosures made in accordance with Financial Services Authority Listing Rule 12.4.6R.

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