Carnival Corporation & plc to Transfer AIDA...

Carnival Corporation & plc to Transfer AIDA Cruises' 
          AIDAblu Cruise Ship to U.K.'s Ocean Village in Spring 2007 
 
    MIAMI, Aug. 4  -- Carnival Corporation & plc  (NYSE: CCL; LSE) (NYSE: CUK) 
today announced that AIDA Cruises' AIDAblu cruise ship will be transferred to 
its Ocean Village brand in spring 2007. The transfer follows recent orders for 
three new 68,500-ton cruise ships for the German brand to be delivered in spring 
2007, 2008, and 2009.   
 
    Additionally, Princess Cruises' Regal Princess, which was originally 
scheduled to be transferred to Ocean Village, will now remain within the 
Princess Cruises fleet.   
 
    "This is an excellent opportunity not only to expand Ocean Village's 
presence in the U.K. market but also enhance the brand identity of AIDA 
Cruises.  With the addition of these new 68,500-ton cruise ships, AIDA Cruises 
will be comprised of six modern 'club ships' that cater exclusively to the 
German-speaking market," said Micky Arison, Carnival Corporation & plc's 
chairman and CEO. 
 
    Because the AIDAblu and Ocean Village's current vessel are sister ships 
and designed to provide an informal, contemporary cruise experience, minimal 
modifications will be required to convert the AIDAblu to reflect the 
characteristics of Ocean Village's product. 
 
    At the same time, Arison noted that retaining the Regal Princess under the 
Princess Cruises umbrella will enable the brand to maximize its earnings 
potential.  "The strength of the North American cruise market is a compelling 
reason to keep the Regal Princess within Princess Cruises' fleet.  It is one 
of the world's most successful and recognizable cruise brands and market 
conditions dictate a need for more capacity, not less," he said.  
 
    He noted that the multi-brand philosophy uniquely positions Carnival 
Corporation & plc to take advantage of the synergies that exist within the 
company's various brands.  "The transfer of the AIDAblu to Ocean Village is 
yet another example of optimizing asset utilization to benefit our brands and 
maximize returns for the group and we will continue to explore those 
opportunities," Arison said.  
 
    Carnival Corporation & plc is the largest cruise vacation group in the 
world, with a portfolio of 12 cruise brands in North America, Europe and 
Australia, comprised of Carnival Cruise Lines, Holland America Line, Princess 
Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises, 
Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and P&O Cruises 
Australia. 
 
    Together, these brands operate 79 ships totaling more than 137,000 lower 
berths with 12 new ships scheduled for delivery between January 2006 and April 
2009. Carnival Corporation & plc also operates the leading tour companies in 
Alaska and the Canadian Yukon, Holland America Tours and Princess Tours. 
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. 
 
     MEDIA CONTACTS                       INVESTOR RELATIONS CONTACT 
     US                                   US/UK 
     Carnival Corporation & plc           Carnival Corporation & plc 
     Tim Gallagher                        Beth Roberts 
     1 305 599 2600, ext. 16000           1 305 406 4832 
                               
     UK                             
     Brunswick                 
     Sophie Fitton 
     44 (0) 20 7404 5959  
 
SOURCE  Carnival Corporation & plc 
    -0-                             08/04/2005 
    /CONTACT:  U.S. Media, Tim Gallagher of Carnival Corporation & plc,  
[phone], ext. 16000; or U.K. Media, Sophie Fitton of Brunswick,  
+011-44-20-7404-5959, for Carnival; or Investors Relations, Beth Roberts of 
Carnival Corporation & plc, [phone]/ 
    /Web site:  http://www.carnivalcorp.com / 
    (CCL CUK)