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Carnival Corp & plc Increases Quarterly Dividend

19th Oct 2005 15:57

FOR IMMEDIATE RELEASE CARNIVAL CORPORATION & PLC INCREASES QUARTERLY DIVIDEND BY 25 PERCENT MIAMI (October 19, 2005) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK) announced today that it has declared a quarterly dividend of $0.25 centsper share -- an increase of 25 percent.The dividend is payable on December 9, 2005, to shareholders of record onNovember 18, 2005.With today's announcement - combined with previously announced dividendincreases in April 2005 and October 2004 - Carnival's quarterly dividend hasdoubled in just over 12 months.In April 2005, Carnival's quarterly dividend increased 33 percent from $0.15cents per share to $0.20 cents per share; in October 2004 the company increasedits dividend 20 percent to $0.15 per share from $0.125 per share.Holders of Carnival Corporation common stock or Carnival plc ADSs will receivethe dividend payable in U.S. dollars. The dividend for Carnival plc ordinaryshares will be payable in U.S. dollars or sterling. In the absence ofinstructions or elections to the contrary, holders of Carnival plc ordinaryshares will automatically receive the dividend in sterling. Dividends payablein sterling will be converted from U.S. dollars at the exchange rate quoted bythe Bank of England in London at 12 noon on December 1, 2005. Holders ofCarnival plc ordinary shares wishing to receive their dividend in U.S. dollarsor participate in the Carnival plc Dividend Reinvestment Plan must elect to doso by November 18, 2005.Carnival Corporation & plc is the largest cruise vacation group in the world,with a portfolio of 12 cruise brands in North America, Europe and Australia,comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises,Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises, CunardLine, Ocean Village, P&O Cruises, Swan Hellenic, and P&O Cruises Australia.Together, these brands operate 79 ships totaling more than 137,000 lower berthswith 12 new ships scheduled for delivery between January 2006 and April 2009.Carnival Corporation & plc also operates the leading tour companies in Alaskaand the Canadian Yukon, Holland America Tours and Princess Tours. Traded onboth the New York and London Stock Exchanges, Carnival Corporation & plc is theonly group in the world to be included in both the S&P 500 and the FTSE 100indices.Additional information is available online at carnivalcorp.com andcarnivalplc.com. ### MEDIA CONTACTS:USCarnival Corporation & plcTim Gallagher305 599 2600, ext. 16000UKBrunswick GroupSophie Fitton/Sarah Lindgreen44 (0) 20 7404 5959INVESTOR RELATIONS CONTACTS:US/UKCarnival Corporation & plcBeth Roberts305 406 4832ENDCARNIVAL PLC

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