Holding(s) in Company

2For filings with the FSA include the annex                                             
                                                             
For filings with issuer exclude the annex                                               
                                                                                        
                                                                                        
                                                                                        
TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARESi                                         
                                                                                  
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                             Carnival Plc  
attached:ii                                                                             
                                                                                        
2 Reason for the notification (please tick the appropriate box or boxes):               
                                                                                        
An acquisition or disposal of voting rights                                             
                                                                                        
An acquisition or disposal of qualifying financial instruments which may result         
in the acquisition of shares already issued to which voting rights are attached         
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
Other (please specify):            Issued share capital adjustment     

3. Full name of person(s) subject to the                             Schroders plc      
notification obligation:iii                                                             
                                                                                        
4. Full name of shareholder(s)                                                          
 (if different from 3.):iv                                                              
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                      17.11.11         
reached:v                                                                               
                                                                                        
6. Date on which issuer notified:                                      18.11.11         
                                                                                        
7. Threshold(s) that is/are crossed or                                 Below 5%         
reached: vi, vii                                                                        
                                                                                        
8. Notified details:                                                                     
                                                                                         
A: Voting rights attached to shares viii, ix                                             
                                                                                         
Class/type   Situation previous         Resulting situation after the triggering         
of           to the triggering          transaction                                      
shares       transaction                                                                 
                                                                                         
             Number          Number     Number      Number of voting     % of  voting     
if possible  of              of         of shares   rights               rights x         
using        Shares          Voting                                                      
the ISIN                     Rights     Direct      Direct  Indirect xii Direct Indirect  
CODE                                                xi                                   
                                                                                         
Ordinary                                                                               
                                                                                         
GB0031215220                                                                             
                                                                                         
                  11,519,431  9,759,283  11,516,577    N/A    9,758,601    N/A     4.545%
                                                                                         
                                                                                         
                                                                                         
B: Qualifying Financial Instruments                                                      
                                                                                         
Resulting situation after the triggering transaction                                     
                                                                                         
Type of        Expiration     Exercise/            Number of voting     % of voting      
financial      date xiii      Conversion Period    rights that may be   rights           
instrument                    xiv                  acquired if the                       
                                                   instrument is                         
                                                   exercised/                            
                                                   converted.                            
                                                                                         
                                                                                         
                                                                                           
                                                                                         
                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial            
Instruments xv, xvi                                                                      
                                                                                         
Resulting situation after the triggering transaction                                     
                                                                                         
Type of       Exercise      Expiration Exercise/  Number of    % of voting rights xix, xx
financial     price         date xvii  Conversion voting                                 
instrument                             period     rights                                 
                                       xviii      instrument                             
                                                  refers to                              
                                                                                         
                                                               Nominal          Delta    
CFD                         N/A        N/A                                               
                                                  -5,988       0.003%           1        
                                                                                         
                                                                                         
                                                                                         
Total (A+B+C)                                                                            
                                                                                      
Number of voting rights                     Percentage of voting rights                  
                                                                                         
9,758,601                                   4.545%                                       
                                                                                         


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable: xxi                          
                                                                                        
Schroder Investment Management Limited     9,547,373   4.447%                           
                                                                                        
Schroder Investment Management Hong Kong Limited Limited  41,480    0.019%              
                                                                                        
Schroder & Co Limited   150,173   0.070%                                                
                                                                                        
Schroders (CI) Limited   19,575   0.009%                                                
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                           
                                                                                        
11. Number of voting rights proxy holder will cease                                     
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                       
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                              The shares referred to in section 9 are held in portfolios
13. Additional information:   managed by those firms on a discretionary basis for       
                              clients under investment management agreements.           
                                                                                        
                                                                                        
14. Contact name:                                                                       
                                                    Arnaldo Perez                       
                                                                                        
                                                                                        
15. Contact telephone number:                                                           
                                                     305 406 8608