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REG-Carnival PLC: Dividend Declaration

Carnival Corporation & plc Declares Quarterly Dividend

MIAMI, July 11, 2019 -- Carnival Corporation & plc
(https://c212.net/c/link/?t=0&l=en&o=2522610-1&h=2694187224&u=http%3A%2F%2Fphx.corporate-ir.net%2Fphoenix.zhtml%3Fc%3D140690%26p%3Dirol-index&a=Carnival+Corporation+%26+plc) (NYSE/LSE:
CCL; NYSE: CUK) today announced that it has declared a quarterly dividend of
$0.50 per share.

The company's boards of directors approved a record date for the quarterly
dividend of August 23, 2019, and a payment date of September 13, 2019.

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

Dividends payable in sterling will be converted from U.S. dollars at the
exchange rate quoted by Bloomberg (BFIX) at 12 noon London time
on September 3, 2019. Holders of Carnival plc ordinary shares wishing to
receive their dividend in U.S. dollars or participate in the Carnival plc
Dividend Reinvestment Plan must elect to do so by August 23, 2019.

About Carnival Corporation & plc
Carnival Corporation & plc is the world's largest leisure travel company and
among the most profitable and financially strong in the cruise and vacation
industries, with a portfolio of nine of the world's leading cruise lines. With
operations in North America, Australia, Europe and Asia, its portfolio
features Carnival Cruise Line, Princess Cruises, Holland America
Line, Seabourn, P&O Cruises (Australia), Costa Cruises, AIDA Cruises, P&O
Cruises (UK) and Cunard.

Together, the corporation's cruise lines operate 104 ships
with 243,000 lower berths visiting over 700 ports around the world,
with 19 new ships scheduled to be delivered through 2025. Carnival
Corporation & plc also operates Holland America Princess Alaska Tours, the
leading tour company in Alaska and the Canadian Yukon. Traded on both
the New York and London Stock Exchanges, Carnival Corporation & plc is
the only group in the world to be included in both the S&P 500 and the FTSE
100 indices.

With a long history of innovation and providing guests with extraordinary
vacation experiences, Carnival Corporation has received thousands of
industry awards – including recognition by the Consumer Technology
Association™ as a CES® 2019 Innovation Awards Honoree for the
OceanMedallion™. A revolutionary wearable device that contains a proprietary
blend of communication technologies, the OceanMedallion enables the world's
first interactive guest experience platform transforming vacation travel on a
large scale into a highly personalized level of customized service. The
prestigious CES Innovation Awards honor outstanding design and engineering in
consumer technology products.

Additional information can be found on www.carnival.com,
www.princess.com, www.hollandamerica.com, www.seabourn.com,
www.pocruises.com.au, www.costacruise.com, www.aida.de, www.pocruises.com and
www.cunard.com.

CONTACT: MEDIA, Roger Frizzell, +1 (305) 406 7862; INVESTOR RELATIONS, Beth
Roberts, +1 (305) 406 4832



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