Directorate Change

PAMELA C. CONOVER NAMED SEABOURN PRESIDENT, CEO
  
      Role at Ultra Luxury Brand is Executive's Third Cruise Line Presidency

    MIAMI, November 6, 2006 -- Respected cruise industry executive Pamela C. 
Conover has been named president and chief executive officer of  Seabourn Cruise 
Line, the Miami-based, ultra luxury brand owned by Carnival Corporation & plc 
(NYSE;LSE:CCL) and (NYSE: CUK). In her new role, she will report to Carnival 
vice chairman Howard Frank.
    Conover, who was assigned as acting president of Seabourn after the 
company's late president Deborah L. Natansohn suffered a heart attack on October 
22, was most recently senior vice president of shared services at Carnival 
Corporation, where, among other duties, her market research and strategic 
analysis resulted in an order for two new ships for Seabourn. 
    "I am extremely gratified to be offered the helm at Seabourn at this 
exciting juncture," said Conover. "Seabourn's two new, state-of-the-art ships 
will represent the next evolution of the ultra luxury segment, and except for 
the tragic circumstances, I couldn't be happier about returning."
    Micky Arison, chairman of Carnival Corporation & plc, said, "Pam brings a 
wealth of experience to Seabourn and I am confident that she will continue 
Debbie Natansohn's record of making Seabourn the best luxury brand in the cruise 
industry."
    Conover has a previous operating history with the Seabourn brand, having 
been president and chief operating officer of Cunard Line Limited, which 
operated the fleets of both Seabourn and Cunard, from 2001 until the two brands 
were de-merged in 2004.  In that role, she oversaw the building and launch of 
Cunard's Queen Mary 2 and the strategic restructuring and re-branding of 
Seabourn's three-ship fleet. 
    According to Frank, "Pam has consistently delivered for us in a number of 
executive roles. Her experience at expanding a luxury brand and her skilled 
advocacy of customers, employees and travel agency partners ensures the success 
of Seabourn's plan for growth in the luxury segment."
    The role at Seabourn is Conover's third cruise line presidency. In 1994, she 
served as president and chief executive officer of Epirotiki Line, based in 
Athens, Greece, until she was recruited to join Carnival Corporation as vice 
president of strategic planning.   At Carnival, she engineered the acquisition 
of assets including Seabourn, Cunard and Costa Cruises as a part of the 
corporate development strategy of the largest and most successful cruise 
vacation group in the world.
    As general manager of North American shipping finance division of Citibank, 
Conover played a vital role in the development of the North American cruise 
business through her efforts in assisting Carnival companies and a number of 
other cruise lines with financing fleet expansion. Her first exposure to the sea 
came when her family lived in Thailand, her birthplace. Conover's father worked 
for a British trading company there and she was brought up seeing, and sometimes 
visiting, all kinds of vessels from around the world. Later her family moved to 
Albury, a small village southwest of London, where she was educated.
    Conover lives in Key Biscayne, Florida, with her husband, Ray Lutz, himself 
a former travel industry executive. 
    The Yachts of Seabourn provides the ultimate in ultra luxury cruise 
vacations to the most desirable destinations on earth. The Yachts of Seabourn is 
a proud member of World's Leading Cruise Lines. Our exclusive alliance also 
includes Carnival Cruise Lines, Holland America, Princess Cruises, Cunard Line, 
Costa Cruises and Windstar Cruises. Sharing a passion to please each guest, and 
a commitment to quality and value, our member lines appeal to a wide range of 
lifestyles and budgets. Together we offer exciting and enriching cruise 
vacations to the world's most desirable destinations. The Yachts of Seabourn is 
a brand of Carnival Corporation and plc (NYSE; LSE: CCL) and (NYSE:CUK), and 
supports the Ocean Conservation & Tourism Alliance, dedicated to education and 
promotion of best practices for protecting the marine environment.

    PRESS RELEASE
    For more Information:  
    Bruce Good
    [phone] or [e-mail]