Notification of Transaction of Director/PDMR

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR MIAMI, June 13, 2014 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK) was notified on June 12, 2014 that on June 11, 2014 and June 12, 2014certain trusts organized for the benefit of Micky Arison, Chairman of CarnivalCorporation & plc's Boards of Directors, sold shares of Carnival Corporationcommon stock (the "Shares") on the New York Stock Exchange in the followingamounts and at the following prices per Share: Date of Transaction Number of Shares Sold Average Price per Share June 11, 2014 444,209 $40.15519 June 12, 2014 799 $40.03 The Shares were sold pursuant to trading plans under Rule 10b5-1 that wereentered into on February 28, 2014. Following these transactions, Mr. Arison continues to have economic ownershipof 100,937,590 Shares and 120,000 options to acquire Shares. This notification relates to disclosures made in accordance with Rule 3.1.4(R)(1)(a) of the Disclosure Rules and Transparency Rules. Further details and a copy of the applicable Forms 4, "Statement of Changes inBeneficial Ownership of Securities," to be filed with the U.S. Securities &Exchange Commission, can be found at the SEC web site, www.sec.gov, and theCarnival Corporation & plc web site, www.carnivalcorp.com orwww.carnivalplc.com.