Carnival Corporation & plc Announces Exchange Rate for Quarterly Dividend

MIAMI, June 1, 2011 /PRNewswire/ -- On April 13, 2011, Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) announced a quarterly cash dividend of $0.25 (U.S.) per share. The dividend is payable on June 10, 2011, to shareholders of record on May 20, 2011.

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 May 20, 2011.

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 June 1, 2011 (US$1 = 60.91247 pence). Accordingly, the dividend payable in sterling on June 10, 2011, will be 15.22812 pence per share.

Carnival Corporation & plc is the largest cruise vacation group in the world, with a portfolio of cruise brands in North America, Europe, Australia and Asia, comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, Ibero Cruises, P&O Cruises (UK) and P&O Cruises (Australia).  

Together, these brands operate 100 ships totaling more than 193,000 lower berths with eight new ships scheduled to be delivered between now and 2015. 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.

Additional information is available on-line at www.carnivalcorp.com and www.carnivalplc.com.

SOURCE Carnival Corporation & plc

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