Arison Family to Sell up to 8.5 Million Shares of Carnival

Carnival Corp. & plc announced Aug. 13 that members of the Arison family and certain related entities, including trusts organized by members of the Arison family, plan to sell up to 8.5 million shares of Carnival Corp. common stock representing up to approximately 1 percent of the total combined voting rights.

Of the shares planned for sale, up to 5 million shares are held either directly or indirectly by Micky Arison, the company’s chairman and CEO. If all the shares are sold, the Arison family and related entities will own about 220 million shares, approximately 28 percent of the total combined voting rights of Carnival Corp. & plc.

The sellers have advised Carnival that they are selling for tax planning, estate planning and diversification purposes. Carnival Corp. & plc is comprised of Carnival Cruise Lines, Holland America Line, Princess Cruises, The Yachts of Seabourn, AIDA Cruises, Costa Cruises, Cunard Line, Ibero Cruises, Ocean Village, P&O Cruises and P&O Cruises Australia.

Together, these brands operate 92 ships totaling approximately 177,000 lower berths with 13 new ships scheduled to be delivered between September 2009 and June 2012.