Carnival PLC clarifies discussion with TUI AG

Carnival Corporation & plc Confirms, Clarifies Discussions With TUI AG

    MIAMI, Dec. 11 -- Carnival Corporation & plc (NYSE: CCL; LSE) (NYSE: CUK) 
has confirmed that it has held discussions with TUI AG (TUIGn.DE) and that 
those discussions are continuing.  However, the nature of the discussions has 
been incorrectly reported by various German media as they do not involve 
exclusive distribution of any of Carnival's cruise products.
    The company's very successful AIDA brand, which serves the German market, 
is completely satisfied with its present distribution model and appreciates 
the support that it receives from its travel agent partners. 
    Should current discussions lead to an agreement with TUI AG, Carnival 
Corporation & plc will immediately announce details of the agreement.  
However, until that time, the company will not comment further.
    Carnival Corporation & plc is the largest cruise vacation group in the 
world, with a portfolio of cruise brands in North America, Europe and 
Australia, comprised of Carnival Cruise Lines, Holland America Line, Princess 
Cruises, Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises, 
Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, and P&O Cruises 
Australia.
    Together, these brands operate 81 ships totaling approximately 144,000 
lower berths with 17 new ships scheduled to enter service between March 2007 
and spring 2010. Carnival Corporation & plc also operates the leading tour 
companies in Alaska and the Canadian Yukon, Holland America Tours and Princess 
Tours. Traded on both the New York and London Stock Exchanges, Carnival 
Corporation & plc is the only group in the world to be included in both the 
S&P 500 and the FTSE 100 indices.

SOURCE  Carnival Corporation & plc
    -0-                             12/11/2006
    /CONTACT:  MEDIA, US, Tim Gallagher of Carnival Corporation & plc, 
[phone], ext. 16000; or UK, Ruban Yogarajah of Brunswick Group, 
44 (0) 20 7404 5959; or INVESTOR RELATIONS, US-UK, Beth Roberts of Carnival 
Corporation & plc, [phone] /
    /Web site:  http://www.carnivalcorp.com/
    (CCL CUK)