Transaction in Own Shares

Carnival Corporation & plc

Sale of Shares

In accordance with Carnival Corporation & plc's (NYSE/LSE: CCL; NYSE: CUK) previously announced Stock Swap (Plc Share Sale /Corp. Stock Repurchase) programme, Carnival Corporation & plc announces that on 28th June 2010 Carnival Investments Limited (a wholly owned subsidiary of Carnival Corporation) sold 175,000 existing ordinary shares that it held in Carnival plc at an average price of £22.84084652 per share. The highest price received for the ordinary shares was £23.2475 per share and the lowest price received was £22.6775 per share.