Notification of Transaction of Director/PDMR

Notification of Transaction of Director/PDMR

    MIAMI, April 2, 2008 -- On March 31, 2008 Bedell Trust Limited (the 
"Trust"), the following share awards over Carnival plc ordinary shares of 
US$1.66 each ("plc Shares") granted under the Deferred Bonus Plan were 
exercised and the resulting plc Shares were sold at a price of 19.914 pounds 
Sterling per share:

                Executive Director/PDMR        No. of plc Shares
                Peter Ratcliffe                        15,829
                David Dingle                            5,076


    Following the above transactions, Mr. Ratcliffe continues to have an 
interest in share awards over 56,589 plc Shares and Mr. Dingle continues to 
have an interest in share awards over 7,159 plc Shares granted to each of them 
pursuant to the rules of the Deferred Bonus Plan.
    As a technical issue, Mr. Ratcliffe and Mr. Dingle are regarded for 
Companies Act purposes as being interested in all the plc Shares held by the 
Trust, although the plc Shares held are also for the benefit of other 
employees of Carnival plc.  The Trust holds a total of 71,502 plc Shares for 
the purposes of satisfying awards granted under the Deferred Bonus Plan.  
Despite the technical interest in the plc Shares, Mr. Ratcliffe and Mr. Dingle 
are only entitled to receive from the Trust the number of plc Shares to which 
each would be entitled on exercise of an award which has been granted to him.  
    This notification relates to disclosures made in accordance with 
3.1.4(R)(1)(a) of the Disclosure Rules and Transparency Rules.
    Further details and a copy of the Form 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
    -0-                             04/02/2008
    /Web site:  http://www.carnivalplc.com
                http://www.carnivalcorp.com /