Director/PDMR Shareholding

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR MIAMI, September 22, 2014 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK) was notified on September 19, 2014 that on September 18, 2014 andSeptember 19, 2014 certain trusts organized for the benefit of Micky Arison,Chairman of Carnival Corporation & plc's Boards of Directors, sold shares ofCarnival Corporation common stock (the "Shares") on the New York Stock Exchangein the following amounts and at the following prices per Share: Date of Transaction Number of Shares Sold Average Price per Share September 18, 2014 162,516 $40.06073 September 19, 2014 49,958 $40.751046 The Shares were sold pursuant to trading plans under Rule 10b5-1 that wereentered into on February 28, 2014. The Rule 10b5-1 trading plans have now beencompleted with all Shares having been sold as of September 19. Following these transactions, Mr. Arison continues to have economic ownershipof 100,690,691 Shares and 120,000 options to acquire Shares. This notification relates to disclosures made in accordance with Rule 3.1.4(R)(1)(a) of the Disclosure Rules and Transparency Rules. Further details and a copy of the applicable Forms 4, "Statement of Changes inBeneficial Ownership of Securities," to be filed with the U.S. Securities &Exchange Commission, can be found at the SEC web site, www.sec.gov, and theCarnival Corporation & plc web site, www.carnivalcorp.com orwww.carnivalplc.com.

SOURCE Carnival Plc