Holding(s) in Company

NOTIFICATION OF MAJOR INTERESTS IN SHARES                   

1. Identity of the issuer or the           Carnival Plc                 
underlying issuer of existing shares to                                 
which voting rights are attached:                                       
                                                                        
2. Reason for notification (yes/no)                                     
                                                                        
An acquisition or disposal of voting rights                  Yes        
                                                                        
An acquisition or disposal of financial instruments which               
may result in the acquisition of shares already issued to               
which voting rights are attached                                        
                                                                        
An event changing the breakdown of voting rights                        
                                                                        
Other (please specify):______________                                   
                                                                        
3. Full name of person(s) subject   Baillie Gifford & Co                
to notification obligation:                                             
                                                                        
4. Full name of shareholder(s) (if                                      
different from 3):                                                      
                                                                        
5. Date of transaction (and date on 24 July 2007                        
which the threshold is crossed or                                       
reached if different):                                                  
                                                                        
6. Date on which issuer notified:   26 July 2007                        
                                                                        
7. Threshold(s) that is/are crossed 5%                                  
or reached:                                                             

8: Notified Details                                                     
                                                                        
A: Voting rights attached to shares                                     
                                                                        
Class/    Situation         Resulting situation after the triggering    
type of   previous to the   transaction                                 
shares    triggering                                                    
          transaction                                                   
If                                                                      
possible                                                                
use ISIN                                                                
code                                                                    

Number of    Number   Number   Number of voting  Percentage of                 
shares       of       of       rights            voting rights                 
             voting   shares                                                   
             rights                                                            
                               Direct   Indirect Direct   Indirect             
                                                                               
  Ordinary   13561146 7.94     10019501          10019501            5.87      
   Share                                                                       
                                                                               
GB0031215220                                                                   

B: Financial Instruments                                                 
                                                                         
Resulting situation after the triggering transaction                     
                                                                         
Type of       Expiration    Exercise/      No. of voting    Percentage of
financial     date          conversion     rights that may  voting rights
instrument                  period/date    be acquired (if               
                                           the instrument                
                                           exercised/                    
                                           converted)                    
                                                                         
N/A                                                                      

Total (A+B)                                                              
                                                                         
Number of voting rights            Percentage of voting rights           
                                                                         
10019501                           5.87                                  

9. Chain of controlled undertakings through which the voting rights and /
or the financial instruments are effectively held, if applicable:        
                                                                         
In the narrative below, the figures in [ ] indicate the amount of voting 
rights and the percentage held by each controlled undertaking where      
relevant.                                                                
                                                                         
Baillie Gifford & Co, a discretionary investment manager, is the parent  
undertaking of an investment management group.                           
                                                                         
Its wholly-owned direct subsidiary undertaking Baillie Gifford Overseas  
Limited [1585388; 0.9%] is also a discretionary investment manager.      
                                                                         
Its wholly-owned direct subsidiary undertaking Baillie Gifford Life      
Limited [1601717; 0.9%] is a life assurance company which procures       
discretionary investment management services from Baillie Gifford & Co in
respect of its own account shareholdings.                                
                                                                         
Its wholly-owned indirect (via Baillie Gifford Life Limited) subsidiary  
undertaking Baillie Gifford & Co Limited [272835; 0.2%] is an OEIC       
Authorised Corporate Director and Unit Trust Manager which has delegated 
its discretionary investment management role to Baillie Gifford & Co.    

Proxy Voting:                                                            
                                                                         
10. Name of proxy holder:          N/A                                   
                                                                         
11. Number of voting rights proxy                                        
holder will cease to hold:                                               
                                                                         
12. Date on which proxy holder                                           
will cease to hold voting rights:                                        

13. Additional information:                                              
                                                                         
14 Contact name:                   Myra McIntyre                         
                                                                         
                                   Scott Russell                         
                                                                         
15. Contact telephone number:      0131 275 2154                         
                                                                         
                                   0131 275 2106                         

# 20586 v1 - Notice of Major Interests in Shares - Baillie Gifford & Co.