News Release

CURRENT REPORT ON FORM 8-K – NEW MULTI-CURRENCY FACILITY

MIAMI (October 27, 2005) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announce that a copy of a current report on Form 8-K has been filed with the U.S. Securities and Exchange Commission and submitted to the UK Listing Authority. As further described in the Form 8-K, on October 21, 2005, Carnival Corporation and Carnival plc have entered into a multi-currency facility agreement with a syndicate of financial institutions. The Form 8-K will shortly be available for inspection at the UK Listing Authority's Document Viewing Facility, which is situated at:

Financial Services Authority
25 The North Colonnade
Canary Wharf
London
E14 5HS

Tel. No. (0) 20 7676 1000