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Carnival Cruise Line To Develop New Bahamian Cruise Destination On Grand Bahama Island

Agreementbetween Carnival Cruise Line and the Bahamian government

willbring largest-ever cruise port development project to Grand Bahama Island

MIAMI(May 2, 2017) — Officials from Carnival Cruise Line and the Bahamiangovernment signed an agreement today during a special signing ceremony inFreeport, Grand Bahama, for the construction of a new cruise port facility tobe funded and operated by Carnival Cruise Line on Grand Bahama Island. Theas-yet-unnamed planned port will be the largest purpose-built cruise facilityever constructed in The Bahamas and will take inspiration from the beauty ofthe Bahamian people and their islands. Features will include a one-mile stretchof beach, food, beverage and shopping outlets, a wide array of water-basedamenities and other recreational facilities. The port will also feature a piercapable of accommodating two of Carnival's largest cruise ships simultaneouslyand is expected to eventually host up to 1 million guests annually.

Themultimillion-dollar project will provide a significant economic benefit for thecountry of The Bahamas, including many employment and economic opportunitiesthroughout the development, construction and ongoing operation once completed.

"Carnival Cruise Lineis the leader in year-round cruising to The Bahamas and this new developmentwill not only provide a truly extraordinary and one-of-a-kind destinationexperience for our guests but it will further solidify our partnership with thepeople of The Bahamas," said Christine Duffy, president of Carnival CruiseLine. "In 2017, along with Carnival's sister lines, Carnival Corporation willbring close to 3 million guests to The Bahamas via calls to Nassau, Freeport,Grand Bahama, Half Moon Cay and Princess Cays, the latter two of which weredeveloped and are operated by Carnival Corporation brands Holland America Lineand Princess Cruises. Collectively, we represent the single largestcruise company investor in The Bahamas," Duffy added.

During the signing ceremony,Carnival Corporation President and CEO Arnold Donald said, "When Ted Arison,the founder of Carnival and the modern day cruise industry, embarked on hisfirst cruise, it was to The Bahamas. From that day until now, The Bahamascontinues to be one of the most strategic and important destinations for ourcompany." Donald continued, "Signing this agreement today is especiallymeaningful to me, as we strive to further contribute to the prosperity of thepeople of The Bahamas through providing experiences that continue to exceed ourguests' expectations."

Prime Minister theRight Honourable Perry G. Christie stated, "The Government of The Bahamas hashad a long and close association with Carnival which has been of great economicbenefit to both parties." He continued, "This new cruise port initiative inEast Grand Bahama will deliver a cruise port in the traditional sense, but morethan that, its shore project will create a new ‘destination' with a distinctiveflavour and characteristics that offer the broadest Bahamian entrepreneurialand employment opportunities, representing another phase in the development ofGrand Bahama as a viable tourist centre."

The project issubject to a detailed public discussion process, environmental studies andpermitting.

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AboutCarnival Cruise Line

CarnivalCruise Line, part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK),is "The World's Most Popular Cruise Line®" with 25 ships operatingthree- to 16-day voyages to The Bahamas, Caribbean, Mexican Riviera, Alaska,Hawaii, Canada, New England, Bermuda, Europe, Cuba, Australia, NewZealand and the Pacific Islands. Two 133,500-ton Vista class ships arecurrently scheduled for delivery - Carnival Horizon in 2018 and anas-yet-unnamed vessel in 2019. Additionally, two new 180,000-ton ships arescheduled to enter service in 2020 and 2022.

To learn more about Carnival Cruise Line, visit www.carnival.com. For reservations, contact any travel agent orcall 1-800-CARNIVAL. Carnival can also be found on: Facebook, Instagram, Twitter and YouTube. Journalists also can visit Carnival's mediasite,# size="3">or follow the line's PRdepartment on Twitter at# style='background: white; color: black; font-family: ,"serif";'>.