SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* BUCKELEW ALAN (Last) (First) (Middle) C/O CARNIVAL CORPORATION 3655 NW 87TH AVENUE (Street) MIAMI FL 33178 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 02/16/2004	3. Issuer Name and Ticker or Trading Symbol CARNIVAL PLC [ CUK ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) President - Princess Cruises	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares	10,870	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to Purchase	04/17/2003	09/03/2005	Ordinary Shares	31,433	19.84	D
Option to Purchase	04/17/2003	12/01/2004	Ordinary Shares	42,445	14.12	D
Option to Purchase	12/01/2003	12/01/2004	Ordinary Shares	26,627	24.37	D
Phantom Stock Units(1)	(2)	(2)	Ordinary Shares	25,521	(2)	D

Explanation of Responses:

1. The phantom stock units were accrued under Carnival plc's deferred compensation plan. 14,293 units were accrued on March 26, 2001 at a price of $13.95 per unit. 11,288 units were accrued on October 27, 2003 at a price of $33.09 per unit.

2. The units are to be settled 100% in cash upon the reporting person's retirement or other termination of employement. The reporting person will receive the investment experience relative to the performance of the Carnival plc shares.

Remarks:

	Alan Buckelew	02/25/2004
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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