Director/PDMR Shareholding

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMRS

      MIAMI (February 21, 2011) - Carnival Corporation & plc 
(NYSE/LSE: CCL; NYSE: CUK) was notified on February 20, 2011 
that on that date the following transaction occurred:

      Pier Luigi Foschi, a member of the Carnival Corporation 
& plc Boards of Directors, and Chairman and Chief Executive 
Officer of Costa Crociere S.p.A., sold 5,191 Carnival plc 
ordinary shares ("plc Shares") acquired on release from restriction
 of the February 20, 2007 restricted stock unit award that was 
granted under the Carnival plc 2005 Employee Share Plan.  The plc 
Shares were sold in order to satisfy tax obligations arising from 
the release from restriction. 

      The plc Shares were sold on the London Stock Exchange at an 
average price of £19.70523 per plc Share.  Following this transaction, 
Mr. Foschi continues to hold directly and indirectly 141,391 plc 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