10th Jan 2006 16:33
NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR MIAMI (January 10, 2006) - On January 9, 2006, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) was notified that Howard S. Frank, a member of CarnivalCorporation & plc's boards of directors, exercised options over 40,000 sharesof Carnival Corporation common stock ("Shares") on January 9, 2006 at anexercise price of US$29.8125 per share and sold such Shares at an average priceof US$54.00 per Share.In addition, Mr. Frank sold 70,000 Shares at an average price of US$54.1959.These Shares were sold pursuant to a sales plan entered into under Rule 10b5-1of the Securities Exchange Act of 1934. This rule permits the creation ofwritten plans for buying or selling stock at a time when insiders are not inpossession of material non-public information. Once a plan is established, theinsider does not retain or exercise any discretion over sales of stock underthe plan and the pre-planned trades can be executed at later dates as set forthin the plan, without regard to any subsequent material non-public informationthat the insider might receive.Following these transactions, Mr. Frank continues to hold directly orindirectly 259,736 Shares and options over 560,000 Shares.This notification relates to disclosures made in accordance with DisclosureRule 3.1.4(R)(1)(a) and Disclosure Rule 3.1.4(R)(1)(b) a disclosure made inaccordance with section 324 of the Companies Act 1985.Further details and a copy of the Forms 4, Statement of Changes in BeneficialOwnership of Securities, to be filed today with the U.S. Securities & ExchangeCommission, can be found at the SEC web site, www.sec.gov, and the CarnivalCorporation & plc web sites, www.carnivalcorp.com and www.carnivalplc.com.MEDIA CONTACTS:USCarnival Corporation & plcTim Gallagher305 599 2600, ext. 16000UKBrunswick GroupSophie Fitton/Sarah Lindgreen44 (0) 20 7404 5959INVESTOR RELATIONS CONTACTS:US/UKCarnival Corporation & plcBeth Roberts305 406 4832ENDCARNIVAL PLCRelated Shares:
Carnival