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Arison Family to Sell up to 8.5 Million Shares of Carnival Corporation

MIAMI, Aug. 13 /PRNewswire-FirstCall/ -- Carnival Corporation & plc(NYSE/LSE: CCL; NYSE: CUK) announced today that members of the Arison familyand certain related entities, including trusts organized by members of theArison family, have advised Carnival Corporation that they plan to sell up to8.5 million shares of Carnival Corporation Common Stock in market sales,representing up to approximately 1% of the total combined voting rights ofCarnival Corporation & plc.

Of the shares planned for sale, up to 5 million shares are held eitherdirectly or indirectly by Micky Arison, the company's Chairman and ChiefExecutive Officer. If all the shares covered by the sales plan are sold, theArison family and related entities will remain beneficial owners ofapproximately 220 million shares, constituting approximately 28% of the totalcombined voting rights of Carnival Corporation & plc.

The sellers have advised Carnival Corporation that they are selling fortax planning, estate planning and diversification purposes. In connection withthe sales, the sellers are expected to enter into one or more sales plansunder Rule 10b5-l. Rule 10b5-l permits the creation of written plans forbuying or selling stock at a time when insiders are not in possession ofmaterial non-public information. Once a plan is established, the insider doesnot retain or exercise any discretion over sales of stock under the plan andthe preplanned trades can be executed at later dates as set forth in the plan,without regard to any subsequent material non-public information that theinsider might receive.

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

Together, these brands operate 92 ships totaling approximately 177,000lower berths with 13 new ships scheduled to be delivered between September2009 and June 2012. Carnival Corporation & plc also operates Holland AmericaTours and Princess Tours, the leading tour companies in Alaska and theCanadian Yukon. Traded on both the New York and London Stock Exchanges,Carnival Corporation & plc is the only group in the world to be included inboth the S&P 500 and the FTSE 100 indices.

SOURCE Carnival Corporation & plc

CONTACT: Media: US: Tim Gallagher, +1-305-599-2600, ext. 16000, orInvestor Relations, US - UK: Beth Roberts, +1-305-406-4832, both of CarnivalCorporation & plc
(CCL CUK)

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