Notification of Transaction of Director/PDMR

Notification of Transaction of Director/PDMR MIAMI, March 26, 2014 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)was notified on March 25, 2014 that on March 24, 2014 certain trusts organizedfor the benefit of Micky Arison, Chairman of Carnival Corporation & plc'sBoards of Directors, sold shares of Carnival Corporation common stock (the"Shares") on the New York Stock Exchange in the following amounts and at thefollowing prices per Share: Date of Transaction Number of Shares Sold Average Price per ShareMarch 24, 2014 525,348 $40.0894 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 104,522,691 Shares and 120,000 options to acquire Shares. This notification relates to disclosures made in accordance with Rule3.1.4(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.

SOURCE Carnival Plc