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REG-Carnival PLC: Director/PDMR Shareholding <Origin Href="QuoteRef">CCL.L</Origin>

Carnival Corporation & plc

Notification of Transactions of Directors/PDMRS

 1   Details of the person discharging managerial responsibilities/person closely associated                                                                                                                        
 a)  Name                                                                             Arnold W. Donald                                                                                                              
 2   Reason for the notification                                                                                                                                                                                    
 a)  Position/status                                                                  President, Chief Executive Officer & Director of Carnival Corporation & plc                                                   
 b)  Initial notification/ Amendment                                                  Initial Notification                                                                                                          
 3   Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor                                                                                                  
 a)  Name                                                                             Carnival Corporation                                                                                                          
 b)  Legal Entity Identifier                                                          F1OF2ZSX47CR0BCWA982                                                                                                          
 4   Details of the transaction                                                                                                                                                                                     
 a)  Description of the financial instrument, type of instrument Identification code  Common stock with a nominal value of US$0.01 per share  CUSIP: 143658300                                                      
 b)  Nature of the transaction                                                        Represents a sale of shares to satisfy the tax obligation on the release of vested restricted stock previously reported.      
 c)  Price(s) and volume(s)                                                                                 Price(s) $69.1146                                               Volume(s) 16,226                        
 d)  Aggregated information - Aggregated volume - Price                               16,226 $69.1146                                                                                                               
 e)  Date of the transaction                                                          2017-1-12                                                                                                                     
 f)  Place of the transaction                                                         NYSE                                                                                                                          

Arnaldo Perez

General Counsel & Secretary

Carnival Corporation & plc

3655 NW 87(th) Avenue

MLGL-815

Miami, FL 33178

T: 305.599.2600



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