News Release

Carnival Corporation to Charter Three Cruise Ships to Support APEC Summit
Two brands from world's largest leisure travel company - P&O Cruises Australia and Princess Cruises - will provide accommodations in Papua New Guinea for November gathering of Asia-Pacific Economic Cooperation that will bring together Presidents, Prime Ministers and global officials, media

MIAMI, Oct. 16, 2018 /PRNewswire/ -- P&O Cruises Australia and Princess Cruises, subsidiaries of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK), will charter three cruise ships to house delegates to the 2018 Asia-Pacific Economic Cooperation (APEC) Summit in November 2018, hosted in the Papua New Guinea capital of Port Moresby.

From their moorings within the APEC security zones, three of the corporation's ships – Pacific Jewel and the recently refurbished Pacific Explorer from P&O Cruises Australia, and another recently refurbished ship, Sea Princess from Princess Cruises – will provide accommodations for APEC attendees. Papua New Guinea is hosting the annual gathering of 10,000 delegates, senior officials and journalists from APEC's 21 member countries for the first time since joining the organization more than a quarter century ago.

"Carnival Australia has established a strong relationship with Papua New Guinea and its people and is proud to have included eight destinations in Papua New Guinea on its itineraries from Australian-based ships since 2013," said Carnival Australia Executive Chairman Ann Sherry. "Supporting Papua New Guinea in the hosting of the APEC Summit in November is an extension of our relationship, and we look forward to playing our role in making the 2018 APEC a success."

Papua New Guinea is located 100 miles north of Australia and just south of the Equator. With a motto of "Unity in Diversity," the country of eight million people is one of the most culturally diverse in the world, with hundreds of indigenous ethnic groups and more than 800 known languages.

A gateway to the Pacific islands, the island nation is a favorite destination for cruises in Oceania. In addition to idyllic beaches and opportunities to snorkel and dive among protected coral reefs, Papua New Guineans also invite visitors to witness fascinating rituals, appreciate intricate handicrafts, explore dramatic waterfalls in the island's lush rainforests and volcanic mountains, and experience WWII history and relics.

The APEC Summit is scheduled for mid-November 2018, culminating in the Economic Leaders' Meeting on November 18, which will attract Presidents, Prime Ministers and other senior world leaders along with thousands of delegates and observers.

About Carnival Corporation & plc
Carnival Corporation & plc is the world's largest leisure travel company and among the most profitable and financially strong in the cruise and vacation industries, with a portfolio of 10 dynamic brands that include nine of the world's leading cruise lines. With operations in North America, Australia, Europe and Asia, its portfolio features Carnival Cruise Line, Princess Cruises, Holland America Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O Cruises (UK) and Cunard, as well as Fathom, the corporation's immersion and enrichment experience brand.

Together, the corporation's cruise lines operate 103 ships with 234,000 lower berths visiting over 700 ports around the world, with 22 new ships scheduled to be delivered between 2018 and 2025. Carnival Corporation & plc also operates Holland America Princess Alaska Tours, the leading tour company in Alaska and the Canadian Yukon. Traded on both the New York and London Stock Exchanges, Carnival Corporation & plc is the only group in the world to be included in both the S&P 500 and the FTSE 100 indices.

In 2017, Fast Company recognized Carnival Corporation as being among the "Top 10 Most Innovative Companies" in both the design and travel categories. Fast Company specifically recognized Carnival Corporation for its work in developing OceanMedallion™, a high-tech wearable device that enables the world's first interactive guest experience platform capable of transforming vacation travel into a highly personalized and elevated level of customized service.

Additional information can be found on www.carnival.com, www.fathom.org, www.hollandamerica.com, www.princess.com, www.seabourn.com, www.aida.de, www.costacruise.com, www.cunard.com, www.pocruises.com.au, and www.pocruises.com.

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SOURCE Carnival Corporation & plc

Carnival Corporation Media Contacts: Roger Frizzell, Carnival Corporation, rfrizzell@carnival.com, (305) 406-7862; Mike Flanagan, LDWW, mike@ldwwgroup.com, (727) 452-4538