Carnival’s Foschi to Oversee Asian Cruise Str...

Carnival Corporation & plc Appoints Pier Luigi Foschi To Oversee 
              Company's Asian Cruise Strategies

MIAMI, Sept. 12, 2012 -- Carnival Corporation & plc (NYSE/LSE: CCL; 
NYSE: CUK) has appointed Costa Cruises Chairman Pier Luigi Foschi to 
oversee the company's growth strategies within the rapidly expanding 
Asian region. 

In his role as chairman and chief executive officer of the new 
Carnival Asia unit, Foschi will be responsible for establishing 
Carnival Corporation & plc's new corporate offices in Singapore and 
providing guidance and assistance to the organization's various 
operating units in pursuing their Asian cruise strategies.     

Currently, Carnival Corporation & plc's Asia operations include two 
Costa Cruises ships based in China and Singapore and Princess Cruises' 
Sun Princess, which will launch a series of voyages from Japan next 
spring. 

Foschi, who retired as CEO of Costa Cruises in July, will continue to 
serve in his current role of chairman and a managing director of the 
Costa group and as a member of the board of directors of Carnival 
Corporation & plc.

Foschi has extensive experience in the Asian marketplace, overseeing 
Costa's initial entry into the region in 2006 and has also maintained 
excellent relationships with local government and tourism officials.  
Additionally, prior to joining Costa, Foschi resided in Hong Kong and 
Singapore for many years while serving as executive vice president of 
Pacific Asia operations for the Otis Elevator Company.

"With Asia such an important part of our global strategy, it's 
critical that we increase our presence in the region by establishing 
this new office in Singapore and appointing an experienced executive 
to coordinate our current operations and our future expansion 
efforts," said Micky Arison, Carnival Corporation & plc's chairman and 
CEO.   "Pier is the ideal candidate for this new role and considering 
that his responsibilities at Costa are winding down, we are delighted 
that he agreed to oversee our growth strategies in this emerging 
cruise region," he added.  

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, Ibero 
Cruises, P&O Cruises (Australia) and P&O Cruises (UK).  

Together, these brands operate 100 ships totaling 202,000 lower berths 
with seven new ships scheduled to be delivered between March 2013 and 
March 2016.  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.  

SOURCE  Carnival Corporation & plc

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