Notification of Transaction of Director/PDMRS

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMRS                 

MIAMI (July 1, 2014) - On June 30, 2014, Carnival Corporation & plc (NYSE/LSE:
CCL; NYSE: CUK) was informed that on June 29, 2014, Micky Arison, Chairman of
Carnival Corporation & plc's boards of directors, reached "retirement age"
under the terms of his Executive Long-Term Compensation Agreement.

Upon Mr. Arison reaching retirement age, certain of the restricted stock ("RS")
and performance-based restricted stock unit ("PBS") grants previously awarded
to Mr. Arison became subject to taxation. The PBS grant agreements provide for
release of a portion of the grants previously received by Mr. Arison in order
to address these tax obligations.

The following table summarizes the releases that occurred on June 30, 2014:

 Grant   Original Grant   Vesting   Number of Shares     Shares Released on    
  Type        Date         Date        Originally                              
                                         Granted            June 30, 2014      
                                                                               
  PBS       04/11/12     04/11/15        28,008                16,804          
                                                                               
  PBS       07/16/13     07/16/16        24,145                12,072          

As a result of the releases that occurred on June 30, 2014, Mr. Arison
surrendered 64,848 shares of Carnival Corporation common stock ("Shares") in
satisfaction of U.S. withholding tax obligations. Following these transactions,
Mr. Arison continues to have economic ownership of 100,903,165 Shares and
120,000 options to acquire 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