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Jason

Carnival Corp. & PLC increase quarterly dividend

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Second Time in Six Months Company Has Increased Quarterly Dividend

MIAMI, April 15 /PRNewswire-FirstCall/ -- Carnival Corporation & plc

(NYSE: CCL; LSE) (NYSE: CUK) announced today that it has increased its

quarterly dividend from $0.15 cents per share to $0.20 cents per share -- an increase of 33 percent and the second time in six months that the dividend has been increased. The dividend is payable on June 10, 2005 to shareholders of record on May 20, 2005.

"Not only does this reflect our confidence in the strength of the cruise

business, it also demonstrates our commitment to continue to grow shareholder returns," said Micky Arison, Carnival Corporation & plc chairman and CEO. This latest dividend increase follows an increase of 20 percent in October 2004.

Holders of Carnival Corporation common stock or 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 the Bank of England in London at 11 a.m. on June 1, 2005. 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 May 20, 2005.

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Second Time in Six Months Company Has Increased Quarterly Dividend

MIAMI, April 15 /PRNewswire-FirstCall/ -- Carnival Corporation & plc

(NYSE: CCL; LSE) (NYSE: CUK) announced today that it has increased its

quarterly dividend from $0.15 cents per share to $0.20 cents per share -- an increase of 33 percent and the second time in six months that the dividend has been increased. The dividend is payable on June 10, 2005 to shareholders of record on May 20, 2005.

"Not only does this reflect our confidence in the strength of the cruise

business, it also demonstrates our commitment to continue to grow shareholder returns," said Micky Arison, Carnival Corporation & plc chairman and CEO. This latest dividend increase follows an increase of 20 percent in October 2004.

Holders of Carnival Corporation common stock or 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 the Bank of England in London at 11 a.m. on June 1, 2005. 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 May 20, 2005.

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Second Time in Six Months Company Has Increased Quarterly Dividend

MIAMI, April 15 /PRNewswire-FirstCall/ -- Carnival Corporation & plc

(NYSE: CCL; LSE) (NYSE: CUK) announced today that it has increased its

quarterly dividend from $0.15 cents per share to $0.20 cents per share -- an increase of 33 percent and the second time in six months that the dividend has been increased. The dividend is payable on June 10, 2005 to shareholders of record on May 20, 2005.

"Not only does this reflect our confidence in the strength of the cruise

business, it also demonstrates our commitment to continue to grow shareholder returns," said Micky Arison, Carnival Corporation & plc chairman and CEO. This latest dividend increase follows an increase of 20 percent in October 2004.

Holders of Carnival Corporation common stock or 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 the Bank of England in London at 11 a.m. on June 1, 2005. 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 May 20, 2005.

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