Director/PDMR Shareholding

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMRS

      MIAMI (November 27, 2012) - Carnival Corporation & plc 
(NYSE/LSE: CCL; NYSE: CUK) was notified on November 26, 2012 
that on that date Howard S. Frank, Vice Chairman and Chief 
Operating Officer of Carnival Corporation & plc, sold 100,816 
shares of Carnival Corporation common stock ("CC Shares") 
acquired under and pursuant to stock plans administered by 
Carnival Corporation & plc. The CC Shares were sold on the 
New York Stock Exchange at an average price of $38.50 per CC 
Share. Following this transaction, Mr. Frank continues to 
hold directly and indirectly 126,199 CC 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