Carnival Corporation & plc Announces Share Repurchase Program

    MIAMI, Nov. 24, 2015 -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK)
    announces that it has initiated repurchasing stock under its currently
    authorized $1 billion share repurchase program. The company began repurchasing
    shares during its third fiscal quarter of 2015, has continued repurchasing
    shares during its fourth fiscal quarter of 2015 and intends to enter into a
    10B-5 program to repurchase stock during its regularly scheduled close periods.

    About Carnival Corporation & plc
    Carnival Corporation & plc is the largest cruise company in the world, with a
    portfolio of 10 cruise brands in North America, Europe, Australia and Asia,
    comprised of Carnival Cruise Line, Fathom, Holland America Line, Princess
    Cruises, Seabourn, AIDA Cruises, Costa Cruises, Cunard, P&O Cruises (Australia)
    and P&O Cruises (UK).

    Together, these brands operate 99 ships totaling 216,000 lower berths with 18
    new ships scheduled to be delivered between 2016 and 2022. Carnival Corporation
    & plc also operates Holland America Princess Alaska Tours, the leading tour
    companies 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&P500 and the FTSE 100 indices.

    Additional information can be found on http://www.carnival.com/, http://
    www.fathom.org/, http://www.hollandamerica.com/, http://www.princess.com/, 
    http://www.seabourn.com/, http://www.aida.de/, http://www.costacruise.com/, 
    http://www.cunard.com/, http://www.pocruises.com.au/ and http://
    www.pocruises.com/.


     SOURCE   Carnival Corporation & plc

    CONTACT: Carnival Corporation Investor Relations Contact:Beth Roberts, Carnival
    Corporation, (305) 406-4832; Carnival Corporation Media Contacts:Roger
    Frizzell, Carnival Corporation, rfrizzell@carnival.com, (305) 406-7862, Mike
    Flanagan, LDWWgroup, mike@ldwwgroup.com, (727) 452-4538