Director/PDMR Shareholding

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR

    MIAMI (February 3, 2009) -- On February 2, 2009, Carnival Corporation & 
plc (NYSE/LSE: CCL; NYSE: CUK) was notified that Mr Peter Ratcliffe, a member 
of Carnival Corporation & plc's boards of directors, sold 12,567 shares of 
Carnival Corporation common stock ("Shares") at an average price of 
US$17.8144.
    Following this transaction, Mr Ratcliffe holds directly and indirectly 
nil Shares and 52,500 restricted stock units. 
    This notification relates to disclosures made in accordance with 
Disclosure Rule 3.1.4(R)(1)(a) and Disclosure Rule 3.1.4(R)(1)(b).
    Further details and a copy of the Form 4, Statement of Changes in 
Beneficial Ownership of Securities, to be filed by Mr Ratcliffe 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.

SOURCE  Carnival Plc
    -0-                             02/03/2009
    /Web site:  http://www.carnivalcorp.com
                http://www.carnivalplc.com /
    (CCL CUK)