Dividend Declaration

Carnival Corporation & plc Declares Dividend                  

MIAMI, July 16, 2014 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
has announced that it has declared a dividend of $0.25 per share.

The company's board of directors approved a record date for the quarterly
dividend of August 22, 2014, and a payment date of September 12, 2014.

Holders of Carnival Corporation common stock and Carnival plc ADSs will receive
the dividend payable in U.S. dollars. The dividend for Carnival plc ordinary
shares will be payable in U.S. dollars or sterling. In the absence of
instructions or elections to the contrary, holders of Carnival plc ordinary
shares will automatically receive the dividend in sterling.

Dividends payable in sterling will be converted from U.S. dollars at the
exchange rate quoted by the Bank of England in London at 12 noon on September
2, 2014. Holders of Carnival plc ordinary shares wishing to receive their
dividend in U.S. dollars or participate in the Carnival plc Dividend
Reinvestment Plan must elect to do so by August 22, 2014.

Carnival Corporation & plc is the largest cruise company in the world, with a
portfolio of cruise brands in North America, Europe, Australia and Asia,
comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises,
Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises
(Australia) and P&O Cruises (UK).

Together, these brands operate 101 ships totaling 212,000 lower berths with
seven new ships scheduled to be delivered between 2014 and 2016. Carnival
Corporation & plc also operates Holland America Princess Alaska 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 (US): Carnival Corporation & plc, Roger Frizzell, 1 305 599
2600, ext. 67862; Investor Relations (US/UK): Carnival Corporation & plc, Beth
Roberts, 1 305 406 4832