Carnival Corporation & plc Declares Dividend

Carnival Corporation & plc Announces Exchange Rate for
                             Quarterly Dividend

    MIAMI, Sept. 2 -- On July 14, 2010, Carnival Corporation & plc (NYSE/LSE:
CCL; NYSE: CUK) announced a quarterly cash dividend of $0.10 (U.S.) per
share. The dividend is payable on September 10, 2010, to shareholders of
record on August 20, 2010.

    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 August 20, 2010.

    Dividends payable in sterling were converted from U.S. dollars at the
exchange rate quoted by the Bank of England in London at 12 noon on September
1, 2010 (US$1 = 64.96037 pence). Accordingly, the dividend payable in
sterling on September 10, 2010, will be 6.49604 pence per share.

    Carnival Corporation & plc is the largest cruise vacation group in the
world, with a portfolio of cruise brands in North America, Europe, Asia and
Australia, comprised of Carnival Cruise Lines, Holland America Line, Princess
Cruises, 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 97 ships totaling more than 189,000 lower
berths with 10 new ships scheduled to be delivered between now and May 2014.
Carnival Corporation & plc also operates Holland America Princess Alaska
Tours, the leading tour company 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 is available on-line at www.carnivalcorp.com and
www.carnivalplc.com.


SOURCE  Carnival Plc

    CONTACT: MEDIA CONTACTS: US: Tim Gallagher, Carnival Corporation & plc,
[phone], ext. 16000; INVESTOR RELATIONS CONTACT: US/UK: Beth Roberts,
Carnival Corporation & plc, [phone]