Holding(s) in Company

Financial Services Authority

 

TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES                                          
                                                                                        
                                                                                        
                                                                                        
1. Identity of the issuer or the underlying issuer                                      
of existing shares to which voting rights are                                           
attached:                                                               Carnival Plc      
                                                                                        
                                                                                        
                                                                                        
2. Reason for the notification (please tick the appropriate box or boxes):              
                                                                                        
An acquisition or disposal of voting rights                                    Yes   
                                                                                        
                                                                                        
                                                                                        
An acquisition or disposal of qualifying financial instruments which may                
result in the acquisition of shares already issued to which voting rights are   X    
attached.                                                                               
                                                                                        
                                                                                        
                                                                                        
                                                                                        
                                                                                        
An acquisition or disposal of instruments with similar economic effect to               
qualifying financial instruments                                                        
                                                                                        
                                                                                        
                                                                                        
An event changing the breakdown of voting rights                                        
                                                                                        
                                                                                        
                                                                                        
Other (please specify):                                                                 
                                                                                        
                                                                                        
                                                                                        
3. Full name of person(s) subject to the                        Thornburg Investment    
notification obligation:                                          Management Inc.       
                                                                                        
4. Full name of shareholder(s)                                          N/A             
 (if different from 3.):                                                                
                                                                                        
                                                                                        
                                                                                        
5. Date of the transaction and date on                                                  
which the threshold is crossed or                                 03 January 2011       
reached:                                                                                
                                                                                        
                                                                                        
                                                                                        
6. Date on which issuer notified:                                 26 January 2011       
                                                                                        
7. Threshold(s) that is/are crossed or                        Above 10% voting rights   
reached:                                                                                
                                                               Above 8% total shares    
                                                                                        
                                                                                        

8. Notified details:                                                                     
                                                                                         
                                                                                         
                                                                                         
A: Voting rights attached to shares                                                      
                                                                                         
Class/       Situation previous      Resulting situation after the triggering transaction
type of       to the triggering                                                          
shares           transaction                                                             
                                                                                         
            Number        Number                 Number of voting    % of  voting rights 
if            of            of                        rights                             
possible    Shares        Voting      Number                                             
using                     Rights     of shares                                           
the ISIN                                                                                 
CODE                                            Direct    Indirect   Direct    Indirect  
                                                                                         
ORD                                                                                      
3121522            Above 7%             N/A       N/A    18,781,549   N/A       10.30%   
(SEDOL)                                                                                  
                                                                                         
                                                                                         
                                                                                         
B: Qualifying Financial Instruments                                                      
                                                                                         
Resulting situation after the triggering transaction                                     
                                                                                         
                                                        Number of voting                 
                                                        rights that may be               
Type of         Expiration      Exercise/               acquired if the     % of voting  
financial       date            Conversion Period       instrument is       rights       
instrument                                              exercised/                       
                                                        converted.                       
                                                                                         
N/A                                                                                      
                                                                                         
                                                                                         
                                                                                         
C: Financial Instruments with similar economic effect to Qualifying Financial            
Instruments                                                                              
                                                                                         
Resulting situation after the triggering transaction                                     
                                                                                         
                                                                                         
                                                                                         
Type of    Exercise price Expiration   Exercise/       Number of     % of voting rights  
financial                 date         Conversion      voting rights                     
instrument                             period          instrument                        
                                                       refers to                         
                                                                                         
                                                                                         
                                                                                         
                                                                     Nominal     Delta   
N/A                                                                                      
                                                                                         
                                                                                         
                                                                                         
                                                                                         
Total (A+B+C)                                                                            
                                                                                         
Number of voting rights                    Percentage of voting rights                   
                                                                                         
                18,325,161                                     10.30%                    
                                                                                         
                                                                                         
                                                                                         


 

9. Chain of controlled undertakings through which the voting rights and/or the          
financial instruments are effectively held, if applicable:                              
                                                                                        
                                                                                        
                                                                                        
Thornburg Investment Management holds these shares as discretionary Investment          
Manager.                                                                                
                                                                                        
                                                                                        
                                                                                        
Proxy Voting:                                                                           
                                                                                        
10. Name of the proxy holder:                                                    N/A    
                                                                                        
11. Number of voting rights proxy holder will cease                              N/A    
to hold:                                                                                
                                                                                        
12. Date on which proxy holder will cease to hold                                N/A    
voting rights:                                                                          
                                                                                        
                                                                                        
                                                                                        
                                                                                        
13. Additional information:                                                             
                                                                                        
14. Contact name:                                                     Arnaldo Perez     
                                                                                        
15. Contact telephone number:                                        1-305-599-2600