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Royal Caribbean Cruises Ltd. Increases Dividend

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The Board of Directors of Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL) today declared a quarterly dividend of $0.12 per share payable onOctober 9, 2012, to shareholders of record at the close of business on September 25, 2012.

"I am pleased that our Board of Directors increased the quarterly dividend payment today," said Richard D. Fain, chairman and chief executive officer. Fain continued, "We have consistently communicated our desire to balance rational growth, leverage reduction and shareholder return improvement. I think today's actions are further evidence that these goals can coexist harmoniously."

Royal Caribbean Cruises Ltd. (NYSE/OSE: RCL) is a global cruise vacation company that owns Royal Caribbean International, Celebrity Cruises, Pullmantur, Azamara Club Cruisesand CDF Croisieres de France, as well as TUI Cruises through a 50 percent joint venture. Together, these six brands operate a combined total of 40 ships with four under construction. They operate diverse itineraries around the world that call on approximately 460 destinations on all seven continents.

Additional information can be found onwww.royalcaribbean.com, www.celebrity.com, www.azamaraclubcruises.com,www.pullmantur.es, www.cdfcroisieresdefrance.com www.tuicruises.com orwww.rclinvestor.com.

Source: Royal Caribbean Cruises Ltd.

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