Director/PDMR Shareholding

CARNIVAL CORPORATION AND PLC - NOTIFICATION OF TRANSACTIONS OF DIRECTORS /   
                                     PDMRs                                     

Further to the announcement made by Carnival Corporation and Carnival plc on 31
January 2011, Howard S. Frank filed a Form 4 ("Statement of Changes of
Beneficial Ownership of Securities") on [*] February 2011 with the U.S.
Securities & Exchange Commission (the "SEC"), which clarified that [*] of the
performance-based restricted stock units ("Performance RSUs") awarded to Mr.
Frank on 28 January 2011 vested immediately in accordance with the terms of the
Carnival Corporation 2002 Stock Plan and the Performance RSUs Award Agreement,
which provide for partial vesting prior to the expiration of the performance
period in certain circumstances, including where the beneficiary of the award
of the Performance RSUs becomes eligible for retirement. Mr. Frank was eligible
for retirement prior to 28 January 2011, the date on which he was awarded the
Performance RSUs.

This notification relates to disclosures made in accordance with Rule 3.1.4(1)
(a) of the Disclosure Rules and Transparency Rules.

Further details and a copy of the Form 4 can be found at the SEC website,
www.sec.gov, and the Carnival Corporation & plc website located at 
www.carnivalcorp.com or www.carnivalplc.com.

2 February 2011

SOURCE  Carnival plc