2nd Aug 2005 13:37
FOR IMMEDIATE RELEASE - UK ONLY DIRECTORS' SHAREHOLDING MIAMI (August 2, 2005) - On August 1, 2005, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) authorized a grant of 80,000 options (the "Options") topurchase common stock of Carnival Corporation (the "Shares") and 40,000 sharesof restricted common stock of Carnival Corporation to Robert H. Dickinson,President and Chief Executive Officer of Carnival Cruise Lines and a member ofCarnival Corporation & plc's boards of directors, pursuant to the CarnivalCorporation 2002 Stock Plan and the terms of a Long-Term Executive IncentiveAgreement between Dickinson and Carnival Corporation.The Options become exercisable on a pro-rata basis over a five-year periodbeginning on the first anniversary of the date of grant. The exercise price ofUS$52.185 per Share is based on the average of the high and low sales prices ofone Share on August 1, 2005 on the New York Stock Exchange. The restrictedcommon stock will be released from restriction on August 1, 2010, the fifthanniversary of the date of grant.A. Kirk Lanterman, non-executive director of Carnival Corporation & plcnotified Carnival Corporation & plc of an August 1, 2005 gift of 4,000 sharesof Carnival Corporation common stock to two educational institutions.Following this grant, Dickinson holds directly or indirectly 361,000 shares,and 592,000 options to acquire shares, of Carnival Corporation common stock.Following these transactions, Lanterman continues to hold directly orindirectly 158,691 shares of Carnival Corporation common stock.Further details and a copy of the Form 4, Statement of Changes in BeneficialOwnership of Securities, to be filed today by Dickinson and Lanterman 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. ### ENDCARNIVAL PLCRelated Shares:
Carnival