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Dividend Declaration

1st Jun 2006 17:42

FOR IMMEDIATE RELEASE CARNIVAL CORPORATION & PLC ANNOUNCES EXCHANGE RATE FOR QUARTERLY DIVIDEND MIAMI (June 1, 2006) - On April 21, 2006, Carnival Corporation & plc (NYSE/LSE:CCL; NYSE: CUK) announced a quarterly cash dividend of 25 (U.S.) cents pershare. The dividend is payable on June 9, 2006, to shareholders of record onMay 19, 2006.Holders of Carnival Corporation common stock or Carnival plc ADSs will receivea dividend payable in U.S. dollars. The dividend for Carnival plc ordinaryshares will be payable in sterling unless shareholders elected to receive thedividend in U.S. dollars by May 19, 2006.Dividends payable in sterling will be converted from U.S. dollars at theexchange rate quoted by the Bank of England in London at 12 noon on June 1,2006 (US$1 = 53.65095 pence). Accordingly, the dividend payable in sterling onJune 9, 2006, will be 13.41274 pence per share.Carnival Corporation & plc is the largest cruise vacation group in the world,with a portfolio of 12 cruise brands in North America, Europe and Australia,comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises,Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises, CunardLine, Ocean Village, P&O Cruises, Swan Hellenic, and P&O Cruises Australia.Together, these brands operate 80 ships totaling approximately 141,000 lowerberths with 14 new ships scheduled to enter service between June 2006 and fall2009. Carnival Corporation & plc also operates the leading tour companies inAlaska and the Canadian Yukon, Holland America Tours and Princess Tours. Tradedon both the New York and London Stock Exchanges, Carnival Corporation & plc isthe only group in the world to be included in both the S&P 500 and the FTSE 100indices. ### MEDIA CONTACTS: US Carnival Corporation & plc Tim Gallagher 305 599 2600, ext. 16000 UKBrunswick GroupSophie Fitton/Sarah Lindgreen44 (0) 20 7404 5959INVESTOR RELATIONS CONTACT:US/UKCarnival Corporation & plcBeth Roberts305 406 4832ENDCARNIVAL PLC

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