Director/PDMR Shareholding

Carnival Corporation & plc Notification of Transaction of Directors/PDMRS   

MIAMI (April 16, 2015) - Following its annual shareholders' and Boards of
Directors' meetings held between April 13 - 15 in London, United Kingdom,
Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) has announced grants of
restricted shares to non-executive directors and grants of performance-based
restricted stock units ("Performance RSUs") to certain executive directors and
PDMRs.

Non-Executive Director Share Grants

Effective on April 14, 2015 grants of restricted shares in Carnival Corporation
common stock, with a nominal value of US$.01 per share, were made to
non-executive directors pursuant to the Carnival Corporation 2011 Stock Plan.
The Compensation Committees of the Boards of Directors approved the grants to
non-executive directors as follows:

         Non-Executive Director              Number of Restricted Shares     
                                                                             
           Sir Jonathon Band                            3,369                
                                                                             
            Richard Glasier                             3,369                
                                                                             
           Debra Kelly-Ennis                            3,369                
                                                                             
            Sir John Parker                             3,369                
                                                                             
            Stuart Subotnick                            3,369                
                                                                             
               Laura Weil                               3,369                
                                                                             
          Randall Weisenburger                          3,369                

The grants were approved in value form and converted to a number of shares by
taking the closing price of a share of Carnival Corporation common stock on
April 14, 2015. All grants will be released from restriction on the third
anniversary of the grant date.

Including the grant referred to above, the non-executive directors' total
Carnival Corporation total share and restricted stock unit ("RSU") holdings are
as follows:

  Non-Executive Director   Total Number of Shares Held   Total Number of RSUs  
                                                                 Held          
                                                                               
    Sir Jonathon Band                20,552                       -            
                                                                               
     Richard Glasier                 28,686                       -            
                                                                               
    Debra Kelly-Ennis                10,704                     3,611          
                                                                               
     Sir John Parker                 36,409                       -            
                                                                               
     Stuart Subotnick                36,922                       -            
                                                                               
        Laura Weil                   33,555                       -            
                                                                               
   Randall Weisenburger              87,109                       -            

These notifications relate to disclosures made in accordance with 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 by each director 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 and 
www.carnivalplc.com.

Executive Director and PDMR Grants

The Compensation Committees of the Boards of Directors approved grants of the
following target amounts of Performance RSUs to the following individuals:

   Executive                         Title                     Performance RSUs
    Director                                                                   
                                                                               
Arnold W. Donald President and Chief Executive Officer of           29,479     
                 Carnival Corporation & plc                                    
                                                                               
David Noyes      Chief Executive Officer of Carnival UK             1,668      
                                                                               
Michael Thamm    Chief Executive Officer of Costa Group             7,645      

The grant to Mr. Donald was made in respect of Carnival Corporation common
stock under the Carnival Corporation 2011 Stock Plan. The awards to Messrs.
Noyes and Thamm were made in respect of Carnival plc shares under the Carnival
plc 2014 Employee Share Plan.

Each Performance RSU represents one share of Carnival Corporation common stock,
with a nominal value of US$.01 per share, or one share in Carnival plc, with a
nominal value of US$1.66 per ordinary share, as applicable. Each holder of
Performance RSUs may earn from 0-200% of the stated target amount of
Performance RSUs to the extent that Carnival Corporation & plc's annual
operating income, as adjusted for certain fuel price changes and currency
exchange rate impact for each of the three fiscal years in the 2015-2017
performance cycle and return on invested capital at the end of the three year
performance cycle exceed specified performance goals, as modified at the end of
the three year performance cycle for Carnival Corporation & plc's total
shareholder return rank relative to peers.

These notifications relate to disclosures made in accordance with 3.1.4(R)(1)
(a) of the Disclosure Rules and Transparency Rules.

Further details can be found at the Carnival Corporation & plc web site, 
www.carnivalcorp.com or www.carnivalplc.com.

SOURCE Carnival Plc