Director/PDMR Shareholding

23rd Jan 2009 17:48

DIRECTOR/PDMR SHAREHOLDING

MIAMI, Jan. 23 -- In light of the guidance issued by the FSA on January 9, 2009 in relation to obligations to disclose security granted over shares, Carnival Corporation & plc announces that Micky Arison, Chairman and Chief Executive Officer, has pledged 29,200,000 shares of Carnival Corporation common stock beneficially owned by him through MA 1994 B Shares L.P. to a wholly-owned subsidiary of MA 1994 B Shares L.P., as security for a loan made by such subsidiary to Miami Heat Limited Partnership. The loan was originally made to Miami Heat Limited Partnership by a third party and was secured by the pledge at that time. The subsidiary of MA 1994 B Shares L.P. subsequently purchased the loan, and the shares are currently pledged to that subsidiary. A trust for the benefit of Micky Arison is the general partner of Miami Heat Limited Partnership and a trust for the benefit of his family is a limited partner thereof. The trusts are the majority owners of Miami Heat Limited Partnership. In the unlikely event of the foreclosure of the pledge by the subsidiary of MA 1994 B Shares L.P., Micky Arison would continue to be the beneficial owner of the 29,200,000 pledged shares.

SOURCE Carnival plc

/Web site: http://www.carnivalcorp.com

http://www.carnivalplc.com /

(CCL CUK)

vendor

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Related Shares:

Carnival