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Carnival Corporation & plc Declares Dividend

MIAMI, July 7, 2006 /PRNewswire-FirstCall via COMTEX News Network/ -- On July 6, 2006, the boards ofdirectors of Carnival Corporation & plc (NYSE/LSE: CCL) (NYSE: CUK) approved aquarterly dividend to holders of Carnival Corporation common stock andCarnival plc ordinary shares of $0.25 per share. The boards approved a recorddate for the quarterly dividend of August 18, 2006, and a payment date ofSeptember 8, 2006.

Holders of Carnival Corporation common stock and Carnival plc ADSs willreceive the dividend payable in U.S. dollars. The dividend for Carnival plcordinary shares will be payable in U.S. dollars or sterling. In the absenceof instructions or elections to the contrary, holders of Carnival plc ordinaryshares will automatically receive the dividend in sterling.

Dividends payable in sterling will be converted from U.S. dollars at theexchange rate quoted by the Bank of England in London at 12 noon on September1, 2006. Holders of Carnival plc ordinary shares wishing to receive theirdividend in U.S. dollars or participate in the Carnival plc DividendReinvestment Plan must elect to do so by August 18, 2006.

Carnival Corporation & plc is the largest cruise vacation group in theworld, with a portfolio of 13 cruise brands in North America, Europe andAustralia, comprised of Carnival Cruise Lines, Holland America Line, PrincessCruises, Seabourn Cruise Line, Windstar Cruises, AIDA Cruises, Costa Cruises,Cunard Line, Ocean Village, P&O Cruises, Swan Hellenic, P&O Cruises Australiaand Costa Asia.

Together, these brands operate 81 ships totaling approximately 144,000lower berths with 15 new ships scheduled to enter service between February2007 and spring 2010. Carnival Corporation & plc also operates the leadingtour companies in Alaska and the Canadian Yukon, Holland America Tours andPrincess Tours. Traded on both the New York and London Stock Exchanges,Carnival Corporation & plc is the only group in the world to be included inboth the S&P 500 and the FTSE 100 indices.

Additional information is available on-line at #and # .

SOURCE Carnival Corporation & plc

U.S. Media, Tim Gallagher, Carnival Corporation & plc, +1-305-599-2600, ext.16000; or UK Media, Sarah Lindgreen or Ruban Yogarajah, both of Brunswick Group,+011-44(0)20-7404-5959, for Carnival Corporation & plc; or U.S. and UK InvestorRelations, Beth Roberts, Carnival Corporation & plc, +1-305-406-4832

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