Carnival Notification of Transaction of Directo...

Carnival Corporation & plc Notification of Transaction of Directors/PDMRS   

MIAMI (April 22, 2014) - Following its annual shareholders' and Boards of
Directors' meetings held between April 15 - 17 in New York City, Carnival
Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced grants of restricted
shares to non-executive directors and grants of performance-based restricted
stock units ("Performance RSUs") to certain executive directors and PDMRs.

Non-Executive Director Share Grants

Effective on April 17, 2014 grants of restricted shares in Carnival Corporation
common stock, were made to non-executive directors pursuant to the Carnival
Corporation 2011 Stock Plan.The Compensation Committees of the Boards of
Directors approved the grants to non-executive directors as follows:

         Non-Executive Director              Number of Restricted Shares     
                                                                             
           Sir Jonathon Band                            3,215                
                                                                             
            Richard Glasier                             3,215                
                                                                             
           Debra Kelly-Ennis                            3,215                
                                                                             
            Sir John Parker                             3,215                
                                                                             
            Stuart Subotnick                            3,215                
                                                                             
               Laura Weil                               3,215                
                                                                             
          Randall Weisenburger                          3,215                

The grants were approved in value form and converted to a number of shares by
taking the closing price of a share of Carnival Corporation common stock on
April 17, 2014. All grants will be released from restriction on the third
anniversary of the grant date.

Including the grant referred to above, the non-executive directors'total
Carnival Corporation total share and restricted stock unit ("RSU") holdings are
as follows:

  Non-Executive Director   Total Number of Shares Held   Total Number of RSUs  
                                                                 Held          
                                                                               
    Sir Jonathon Band                17,028                       -            
                                                                               
     Richard Glasier                 25,240                       -            
                                                                               
    Debra Kelly-Ennis                 3,215                     7,451          
                                                                               
     Sir John Parker                 32,332                       -            
                                                                               
     Stuart Subotnick                32,915                       -            
                                                                               
        Laura Weil                   29,895                       -            
                                                                               
   Randall Weisenburger              83,175                       -            

These notifications relate 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 Forms 4, Statement of Changes in Beneficial
Ownership of Securities, to be filed by each director 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 and
www.carnivalplc.com.

Executive Director and PDMR Grants

The Compensation Committees of the Boards of Directors approved grants of the
following target amounts of Performance RSUs to the following individuals:

   Executive                         Title                     Performance RSUs
    Director                                                                   
                                                                               
Arnold W. Donald President andChief Executive Officer of            38,314     
                 Carnival Corporation & plc                                    
                                                                               
David Dingle     Chief Executive Officer of Carnival UK             6,290      
                                                                               
Michael Thamm    Chief Executive Officer of CostaGroup              13,015     

The grant to Mr. Donald was made in respect of Carnival Corporation common
stock under the Carnival Corporation 2011 Stock Plan.The awards to Messrs.
Dingle and Thamm were made in respect of Carnival plc shares under the Carnival
plc 2005 Employee Share Plan.

Each Performance RSU represents one share of Carnival Corporation common stock
or one share in Carnival plc, as applicable. Each holder of Performance RSUs
may earn from 0-200% of the stated target amount of Performance RSUs to the
extent that Carnival Corporation & plc's annual earnings before interest and
taxes, as adjusted for certain fuel price changesfor each of the three fiscal
years in the 2014-2016 performance cycle and return on invested capital at the
end of the three year performance cycle exceed specified performance goals, as
modified at the end of the three year performance cycle for Carnival
Corporation & plc's total shareholder return rank relative to peers.

These notifications relate to disclosures made in accordance with 3.1.4(R)(1)
(a) of the Disclosure Rules and Transparency Rules.

Further details can be found at the Carnival Corporation & plc web site, 
www.carnivalcorp.com or www.carnivalplc.com.