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Carnival Corporation & PLC Declares Dividend

MIAMI, April 21, 2006 /PRNewswire-FirstCall/ -- On April 20, 2006 the Boards ofDirectors of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) haveapproved a quarterly dividend to holders of Carnival Corporation common stockand Carnival plc ordinary shares of $0.25 per share. The boards approved arecord date for the quarterly dividend of May 19, 2006, and a payment date ofJune 9, 2006.

Holders of Carnival Corporation common stock or Carnival plc ADSs willreceive the dividend payable in U.S. dollars. The dividend for Carnival plcordinary shares will be payable in U.S. dollars or sterling. In the absenceof instructions or elections to the contrary, holders of Carnival plc ordinaryshares will automatically receive the dividend in sterling. Dividends payablein sterling will be converted from U.S. dollars at the exchange rate quoted bythe Bank of England in London at 12 noon on June 1, 2006. Holders of Carnivalplc ordinary shares wishing to receive their dividend in U.S. dollars orparticipate in the Carnival plc Dividend Reinvestment Plan must elect to do soby May 19, 2006.

Carnival Corporation & plc is the largest cruise vacation group in theworld, with a portfolio of 12 cruise brands in North America, Europe andAustralia, comprised of Carnival Cruise Lines, Holland America Line, PrincessCruises, Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises,Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and P&O CruisesAustralia.

Together, these brands operate 80 ships totaling approximately 139,000lower berths with 15 new ships scheduled to enter service between June 2006and fall 2009. Carnival Corporation & plc also operates the leading tourcompanies in Alaska and the Canadian Yukon, Holland America Tours and PrincessTours. Traded on both the New York and London Stock Exchanges, CarnivalCorporation & plc is the only group in the world to be included in both theS&P 500 and the FTSE 100 indices.

    MEDIA CONTACTS                    INVESTOR RELATIONS CONTACT     US                                US/UK      Carnival Corporation & plc        Carnival Corporation & plc      Tim Gallagher                     Beth Roberts      1 305 599 2600, ext. 16000        1 305 406 4832     UK      Brunswick Group      Sophie Fitton/Sarah Lindgreen      44 (0) 20 7404 5959

SOURCE Carnival Corporation

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