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NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMRS

      MIAMI (May 22, 2012) - Carnival Corporation & plc (NYSE/LSE: 
CCL; NYSE: CUK) was notified on May 21, 2012 that on May 18, 2012 
Dr. Modesto A. Maidique, a member of Carnival Corporation & plc's
 boards of directors, sold 7,048 shares of Carnival Corporation 
common stock ("Shares") on the New York Stock Exchange at an average
 price of US$30.77 per Share.  Following this transaction, Dr. 
Maidique continues to hold directly 15,366 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