Notification of Transactions

CARNIVAL PLC - Notification of Transactions

PR Newswire

London, January 17

MIAMI, January 17, 2013 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK) announced that on January 15, 2013 awards were made to certain executivedirectors and PDMRs pursuant to the Carnival Corporation 2011 Stock Plan (the"2011 Plan") and Carnival plc 2005 Employee Share Plan (the "2005 Plan"). Theawards were approved in value form and converted to a number of shares bytaking the closing price of Carnival Corporation securities on January 15, 2013for those receiving Carnival Corporation awards, and by taking the closingprice of Carnival plc securities on January 15, 2013 for those receivingCarnival plc awards.

Awards of Carnival Corporation restricted common stock (the "CC RestrictedShares") were made pursuant to the 2011 Plan and the executive directors'respective Executive Long-Term Compensation Agreements to Micky Arison,Chairman and Chief Executive Officer of Carnival Corporation & plc, and HowardS. Frank, Vice Chairman and Chief Operating Officer of Carnival Corporation &plc. Awards of Carnival plc restricted share units representing a hypotheticalinterest in Carnival plc ordinary shares ("plc RSUs") were made pursuant to the2005 Plan to David Dingle, Chief Executive Officer of Carnival UK, Pier LuigiFoschi, Chairman of Costa Crociere S.p.A. and Chairman and Chief ExecutiveOfficer of Costa Asia, and Michael Thamm, Chief Executive Officer of CostaCrociere S.p.A. The CC Restricted Shares and plc RSUs will be released fromrestriction on January 15, 2016.

The awards described above were made to these executive directors and PDMRs inthe following amounts:

Upon grant, Mr. Frank surrendered 28,680 CC Restricted Shares in satisfactionof U.S. withholding tax obligations.

Following the awards described above, the following executive directors andPDMRs direct and indirect holdings are:

This notification relates to disclosures made in accordance with 3.1.4(R)(1)(a)of the Disclosure Rules and Transparency Rules.

Further details and a copy of the Forms 4, Statement of Changes in BeneficialOwnership of Securities, being filed with the U.S. Securities & ExchangeCommission, can be found at the SEC web site, www.sec.gov, and the CarnivalCorporation & plc web site located at www.carnivalcorp.com orwww.carnivalplc.com .

SOURCE Carnival Plc