Dividend Declaration

Carnival Corporation & plc Declares Dividend MIAMI, July 16, 2014 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)has announced that it has declared a dividend of $0.25 per share. The company's board of directors approved a record date for the quarterlydividend of August 22, 2014, and a payment date of September 12, 2014. Holders of Carnival Corporation common stock and Carnival plc ADSs will receivethe dividend payable in U.S. dollars. The dividend for Carnival plc ordinaryshares will be payable in U.S. dollars or sterling. In the absence ofinstructions or elections to the contrary, holders of Carnival plc ordinaryshares will automatically receive the dividend in sterling. 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 September2, 2014. Holders of Carnival plc ordinary shares wishing to receive theirdividend in U.S. dollars or participate in the Carnival plc DividendReinvestment Plan must elect to do so by August 22, 2014. Carnival Corporation & plc is the largest cruise company in the world, with aportfolio of cruise brands in North America, Europe, Australia and Asia,comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises,Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises(Australia) and P&O Cruises (UK). Together, these brands operate 101 ships totaling 212,000 lower berths withseven new ships scheduled to be delivered between 2014 and 2016. CarnivalCorporation & plc also operates Holland America Princess Alaska Tours, theleading tour companies in Alaska and the Canadian Yukon. Traded on both the NewYork and London Stock Exchanges, Carnival Corporation & plc is the only groupin the world to be included in both the S&P 500 and the FTSE 100 indices. SOURCE Carnival Plc CONTACT: Media (US): Carnival Corporation & plc, Roger Frizzell, 1 305 5992600, ext. 67862; Investor Relations (US/UK): Carnival Corporation & plc, BethRoberts, 1 305 406 4832