Closed Period Share Repurchase Programme

Closed Period Share Repurchase Programme 
 
    MIAMI, Nov. 30  -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) 
announce that it has entered into an irrevocable, non-discretionary programme to 
purchase on behalf of Carnival Investments Limited (a subsidiary of Carnival 
Corporation) ordinary shares of Carnival plc during the closed period commencing 
on 3 December 2007 and ending on 29 February 2008 (unless such programme is 
terminated earlier). 
    Any purchases under the programme will be effected within certain pre-set 
parameters, and in accordance with, Rule 10b5-1 of the U.S. Securities 
Exchange Act, and Chapter 12 of the Listing Rules and Carnival plc's general 
authority granted by its shareholders to repurchase shares which requires that 
the maximum price paid for any purchase be limited to no more than 105 per 
cent of the average middle market quotation of Carnival plc's ordinary shares 
as published by the London Stock Exchange for the five business days 
immediately prior to such purchase. 
 
SOURCE  Carnival plc 
    -0-                             11/30/2007 
    /CONTACT: Investor Relations Contact, US-UK, Beth Roberts 
[phone]/ 
    /Web site:/ 
    (CCL CUK)