Notification of Transactions of Directors/PDMRS

Carnival Corporation & plc

Notification of Transactions of Directors/PDMRS

1	Details of the person discharging managerial responsibilities/person closely associated
a)	Name	Michael Thamm
2	Reason for the notification
a)	Position/status	Chief Executive Officer of the Costa Group
b)	Initial notification /Amendment	Initial Notification
3	Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor
a)	Name	Carnival plc
b)	Legal Entity Identifier	4DR1VPDQMHD3N3QW8W95
4	Details of the transaction
a)	Description of the financial instrument, type of instrument Identification code	Ordinary shares with a nominal value of US$1.66 per share ISIN: GB0031215220
b)	Nature of the transaction	Sale of stock
c)	Price(s) and volume(s)	Price(s) £42.43	Volume(s) 41,097
d)	Aggregated information - Aggregated volume - Price	41,097 £42.43
e)	Date of the transaction	2017-1-31
f)	Place of the transaction	LSE

Arnaldo Perez
General Counsel & Secretary

Carnival Corporation & plc
3655 NW 87^th AvenueMLGL-815
Miami, FL 33178
T: 305.599.2600