Carnival's N.A. Brands to Implement Fuel Supple...

Carnival Corporation & plc's North American Brands to Implement Fuel 
                                  Supplement 
 
    MIAMI, Nov. 7 -- As a result of the continued rapid escalation of fuel 
prices, the North American brands of Carnival Corporation & plc (NYSE/LSE: CCL; 
NYSE: CUK) have announced they will implement a fuel supplement of $5 per person 
per day. 
    The fuel supplement, which only applies to the first and second guests in 
a stateroom and will not exceed $70 per person per voyage, is effective on all 
bookings for voyages departing on or after Feb. 1, 2008 on the following 
Carnival Corporation & plc brands - Carnival Cruise Lines, Costa Cruises, 
Cunard Line, Holland America Line, Princess Cruises, and The Yachts of 
Seabourn. 
    According to Carnival Corporation & plc Chairman and CEO Micky Arison, the 
recent spike in fuel prices has dramatically impacted the company's operating 
costs, thus necessitating the supplement. The price the company pays for fuel 
has increased 140 percent over the last three years, with a 50 percent 
increase occurring in just the last seven months.   
    "Earlier this year, we implemented a supplement for our European brands.  
We had hoped to avoid a similar supplement for our North American brands but 
with the price of oil approaching $100 a barrel this is no longer possible.  
The implementation of the fuel supplement beginning February 1 for our North 
American brands will result in consumers paying approximately one-third of our 
year-over-year fuel cost increases over the first six months of the fiscal 
year," he said. 
    Arison added that the company had been considering a supplement for some 
time but held off as long as it could. "We are hopeful fuel prices will 
someday return to a level that will enable us to eliminate this supplement.  
Until then, we believe that guests sailing on our North American brands will 
understand the dilemma that soaring fuel prices has caused for our company and 
industry and that a fuel supplement was needed to enable us to continue 
offering the high quality cruises our guests have come to expect," Arison 
explained. 
    The fuel supplement of $5 per person per day will be applied to all new 
and existing bookings for cruises on or after February 1, 2008.  For existing 
reservations, travel agents will receive $10 per booking in administrative 
compensation for notifying their clients of the new fuel supplement and 
collecting the additional funds.   Carnival Corporation & plc brands will 
provide additional information on the fuel supplement via their respective Web 
sites, as well as through various marketing and collateral materials.  
 
    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, Seabourn Cruise Line, AIDA Cruises, Costa Cruises, Cunard Line, 
Iberocruceros, Ocean Village, P&O Cruises and P&O Cruises Australia. 
    Together, these brands operate 84 ships totaling 156,000 lower berths with 
21 new ships scheduled to enter service between December 2007 and June 2012. 
Carnival Corporation & plc also operates Holland America Tours and Princess 
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. 
 
SOURCE  Carnival  plc 

    CONTACT:  Media, U.S.: Tim Gallagher of Carnival Corporation & plc,  
[phone] ext. 16000; U.K.: Sophie Fitton or Sophie Brand of Brunswick 
Group, [phone]; or Investors: Beth Roberts of Carnival 
Corporation & plc, [phone]
    Web site:  http://www.carnivalcorp.com 
    (CCL CUK)