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Director/PDMR Shareholding

6th Jan 2006 16:09

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR MIAMI (January 6, 2006) - On January 5, 2006 and January 6, 2006, CarnivalCorporation & plc (NYSE/LSE: CCL; NYSE: CUK) was notified that Howard S. Frank,a member of Carnival Corporation & plc's boards of directors, exercised optionsover 31,800 shares of Carnival Corporation common stock ("Shares") on January5, 2006 and over 368,200 Shares on January 6, 2006 (100,000 Shares atUS$26.40625 per share, 160,000 Shares at US$29.8125 per share, 80,000 Shares atUS$22.57 per share and 60,000 Shares at US$27.875 per share) and sold suchShares at an average price of US$53.98 per Share .Following this transaction, Mr. Frank continues to hold directly or indirectly329,736 Shares and options over 600,000 Shares.This notification relates to disclosures made in accordance with DisclosureRule 3.1.4(R)(1)(a) and Disclosure Rule 3.1.4(R)(1)(b) a disclosure made inaccordance with section 324 of the Companies Act 1985.Further details and a copy of the Forms 4, Statement of Changes in BeneficialOwnership of Securities, filed today by Frank with the U.S. Securities &Exchange Commission, can be found at the SEC web site, www.sec.gov, and theCarnival Corporation & plc web sites, www.carnivalcorp.com and www.carnivalplc.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 4832 ### ENDCARNIVAL PLC

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