Director/PDMR Shareholding

Notification of Transaction of Director/PDMRS

    MIAMI, May 24 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
was notified on May 21, 2010 that Howard S. Frank, Vice Chairman of the Board
and Chief Operating Officer of Carnival Corporation & plc, sold 50,000 shares
of Carnival Corporation common stock ("Shares") on the New York Stock
Exchange on May 21, 2010 at an average price of US$35.4607 per Share.

    Following this transaction, Mr. Frank continues to hold directly or
indirectly 364,759 Shares.

    This notification relates to disclosures made in accordance with Rule
3.1.4(R)(1)(a) of the Disclosure Rules and Transparency Rules.

    Further details and a copy of the Forms 4, Statement of Changes in
Beneficial Ownership of Securities, to be filed 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 or
www.carnivalplc.com .

SOURCE  Carnival Plc