19th Jan 2005 14:32
FOR IMMEDIATE RELEASE GRANT OF RESTRICTED STOCK AWARDS MIAMI (January 19, 2005) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK) announced that on January 17, 2005 awards of Carnival Corporationrestricted common stock (the "Restricted Stock") were made to the followingexecutive directors:Executive Director Number of Restricted Shares Awarded Micky Arison 60,000 Howard S. Frank 50,000 These awards were made pursuant to the Carnival Corporation 2002 Stock Plan(the "2002 Plan") and their respective Executive Long-Term CompensationAgreements. The 2002 Plan was previously approved by Carnival Corporation &plc's shareholders. All of the Restricted Stock will be released fromrestriction on January 17, 2010, the fifth anniversary of the date of grant.In addition on that date, Peter G. Ratcliffe received an award of 10,000restricted stock units ("RSUs") pursuant to the 2002 Plan, under which 10,000shares of Carnival Corporation common stock may be issued on January 17, 2010.The RSUs are subject to forfeiture until January 17, 2010, the fifthanniversary of the date of grant.Including the grant referred to above, these executive directors' total directand indirect Carnival Corporation common stock holdings are as follows:Director Total Number of Shares as of Total Number of Stock January 17, 2004 Options as of January 17, 2004 Micky Arison 203,573,243 1,080,000 Howard S. Frank 399,355 900,000 Peter G. Ratcliffe 37,974* 50,000 \* Total includes the shares represented by the RSUs referred to above.Also, Robert H. Dickinson reported an overstatement of his indirect holdings of4,551 shares, as a result of gifts made to charitable organizations notpreviously disclosed. He owns directly or indirectly 353,000 shares and512,000 stock options in Carnival Corporation.Further details and a copy of the Forms 4, Statement of Changes in BeneficialOwnership of Securities, to be filed today by each executive director with theU.S. Securities & Exchange Commission, can be found at the SEC web site, www.sec.gov, and the Carnival Corporation & plc web sites, www.carnivalcorp.comand www.carnivalplc.com.ENDRelated Shares:
Carnival