Director/PDMR Shareholding

NOTIFICATION OF TRANSACTION OF DIRECTOR/PDMR                  

MIAMI (November 7, 2005) - On November 4, 2005, Carnival Corporation & plc
(NYSE/LSE: CCL; NYSE: CUK) was notified that on that date, Robert H. Dickinson,
President and Chief Executive Officer of Carnival Cruise Lines and a member of
Carnival Corporation & plc's boards of directors, sold 40,000 shares of
Carnival Corporation common stock ("Shares") which he held indirectly
registered in the name of Dickinson Enterprises Limited Partnership at an
average price of US$51.97 per Share. In addition, Dickinson exercised options
over 32,000 Shares (16,000 Shares at US$18.90625 per share and 16,000 Shares at
US$22.57 per share) and sold such Shares at an average price of US$52.1189.
Following these transactions, Dickinson continues to hold directly or
indirectly 321,000 Shares, and options over 560,000 Shares.

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) disclosure made in
accordance with section 324 of the Companies Act 1985.

Further details and a copy of the Forms 4, Statement of Changes in Beneficial
Ownership of Securities, filed today by Dickinson with the U.S. Securities &
Exchange Commission, can be found at the SEC web site, www.sec.gov, and the
Carnival Corporation & plc web sites, www.carnivalcorp.com and 
www.carnivalplc.com.

MEDIA CONTACTS: 

US 
Carnival Corporation & plc 

Tim Gallagher 

305 599 2600, ext. 16000 

UK

Brunswick Group

Sophie Fitton/Sarah Lindgreen

44 (0) 20 7404 5959


INVESTOR RELATIONS CONTACTS:

US/UK

Carnival Corporation & plc

Beth Roberts

305 406 4832

                                                                           


  ND