Director/PDMR Shareholding

Notification of Transaction of Director/PDMR 
 
    MIAMI, April 26 -- On April 25, 2007, Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK) was notified that Mr Peter Ratcliffe, Chief 
Executive Officer of P&O Princess Cruises International and a member of 
Carnival Corporation & plc's boards of directors, sold 4,082 shares of 
Carnival Corporation common stock ("Shares") at an average price of US$48.50.  
Also on that date, Mrs Alison Ratcliffe, spouse of Mr Ratcliffe, sold 13,892 
Shares held in her name at an average price of US$48.5011.   
    Following these transactions, Mr Ratcliffe holds directly and indirectly 
nil Shares and an option over 200,000 Shares. 
    This notification relates to disclosures made in accordance with 
Disclosure Rule 3.1.4(R)(1)(a) and Disclosure Rule 3.1.4(R)(1)(b). Disclosure 
is also made in accordance with section 324 of the Companies Act 1985. 
    Further details and a copy of the Form 4, Statement of Changes in 
Beneficial Ownership of Securities, to be filed by Mr Ratcliffe with the U.S. 
Securities & Exchange Commission, can be found at the SEC web site, 
www.sec.gov, and the Carnival Corporation & plc web site, www.carnivalcorp.com 
and www.carnivalplc.com. 
 
SOURCE  Carnival plc 
    -0-                             04/26/2007 
    Web site:  http://www.carnivalcorp.com 
    (CCL; CUK)