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Work Begins on Fourth Royal Class Ship for Princess Cruises

SANTA CLARITA, Calif. (November 9, 2016) —The steel cutting ceremony of the bow section of the fourth Royal Class shipfor PrincessCruiseswas held Nov. 3 at Fincantieri shipyard in Castellammare di Stabia, Italy. Thisnew build design follows sister ships Royal, Regal, and Majestic Princess, and isscheduled for delivery in 2019.

"Today's steel cutting of Hull 6268 signalsthe continuation of a 16 year partnership that has delivered some of the mostspectacular and innovative cruise ships at sea for Princess Cruises," saidKeith Taylor, Princess Cruises executive vice president of fleet operations. "We are delighted with the longevity ofour partnership with Fincantieri and know that this next ship will follow onthe successful design platform demonstrated with her sister ships."

Additionalinformation about Princess Cruises is available through a professional travelagent, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company'swebsite at princess.com.

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About Princess Cruises:
One of thebest-known names in cruising, Princess Cruises is a global cruise line and tourcompany operating a fleet of 17 modern cruise ships renowned for theirinnovative design and wide array of choices in dining, entertainment andamenities, all provided with the experience of exceptional customer service. Arecognized leader in worldwide cruising, Princess carries 1.7 million guestseach year to more than 360 destinations around the globe on more than 150itineraries ranging in length from three to 111 days. The company is part ofCarnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK).

Newsroom:

Additional media information is available at princess.com/news

For further information, contact:
Brea Burkholz, bburkholz@princesscruises.com, 661-753-1542
Negin Kamali, nkamali@princesscruises.com, 661-753-1539

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