Carnival Plc Announces Exchange Rate for Dividend

Carnival Plc Announces Exchange Rate for Quarterly Dividend

    MIAMI, June 2 -- On April 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 June 11, 2010, to shareholders of record on
May 21, 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 May 21, 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 June 1,
2010 (US$1 = 68.94650 pence). Accordingly, the dividend payable in sterling
on June 11, 2010, will be 6.89465 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 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 96 ships totaling more than 187,000 lower
berths with 11 new ships scheduled to be delivered between June 2010 and
spring 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, US: Tim Gallagher, [phone], ext. 16000, or
INVESTOR RELATIONS, US & UK, Beth Roberts, [phone], both of Carnival
Corporation & plc