Carnival Corporation & plc Announces Exchange Rate for Quarterly Dividend

MIAMI, March 2 - On January 21, 2010, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.10 (U.S.) per share. The dividend is payable on March 12, 2010, to shareholders of record on February 19, 2010.

Holders of Carnival Corporation common stock or Carnival plc ADSs will receive a dividend payable in U.S. dollars. The dividend for Carnival plc ordinary shares will be payable in sterling unless shareholders elected to receive the dividend in U.S. dollars by February 19, 2010.

Dividends payable in sterling will be converted from U.S. dollars at the exchange rate quoted by the Bank of England in London at 12 noon on March 1, 2010 (US$1 = 67.22237 pence). Accordingly, the dividend payable in sterling on March 12, 2010, will be 6.72224 pence per share.

Source: Carnival Corporation

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