Carnival Corp. Announces Dividend Exchange Rate

Carnival Corporation & plc Announces Exchange Rate For Quarterly Dividend   

MIAMI, June 2, 2015 -- On April 16, 2015, Carnival Corporation & plc (NYSE/LSE:
CCL; NYSE: CUK) announced a quarterly cash dividend of $0.25 (U.S.) per share.
The dividend is payable on June 12, 2015, to shareholders of record on May 22,
2015.

Holders of Carnival Corporation common stock or Carnival plc ADSs will receive
a dividend payable in U.S. dollars. The dividend for Carnival plc ordinary
shares will be payable in sterling unless shareholders elected to receive the
dividend in U.S. dollars by May 22, 2015.

Dividends payable in sterling will be converted from U.S. dollars at the
exchange rate quoted by the Bank of England in London at 12 noon on June 1,
2015 (US$1 = 65.76351 pence). Accordingly, the dividend payable in sterling on
June 12, 2015, will be 16.44088 pence per share.

Carnival Corporation & plc is the largest cruise company in the world, with a
portfolio of cruise brands in North America, Europe, Australia and Asia,
comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises,
Seabourn, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises (Australia) and P&O
Cruises (UK).

Together, these brands operate 99 ships totaling 216,000 lower berths with nine
new ships scheduled to be delivered between 2015 and 2018. Carnival Corporation
& plc also operates Holland America Princess Alaska Tours, the leading tour
companies in Alaska and the Canadian Yukon. Traded on both the New York and
London Stock Exchanges, Carnival Corporation & plc is the only group in the
world to be included in both the S&P 500 and the FTSE 100 indices.

Additional information can be found on http://www.carnival.com/, http://
www.hollandamerica.com/, http://www.princess.com/, http://www.seabourn.com/, 
http://www.aida.de/, http://www.costacruises.com/, http://www.cunard.com/, 
http://www.pocruises.com.au/ and http://www.pocruises.com/.

SOURCE Carnival Corporation & plc

CONTACT: Media - Roger Frizzell, Carnival Corporation & plc, 1 305 599 2600,
Ext. 67862; Investor Relations - Beth Roberts, Carnival Corporation & plc, 1
305 406 4832