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MCNULTY APPOINTED TO CARNIVAL CORPORATION & PLC BOARDS OF DIRECTORS


    MIAMI (06/26/03) - Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:

CUK) announced today that John McNulty, a former Goldman Sachs & Co.

executive, has been appointed to its boards of directors.

McNulty will serve in a non-executive capacity on Carnival Corporation &

Carnival plc's 14-member boards, effective immediately.

    McNulty, a former member of Goldman Sachs' management committee,

retired in July 2001 after a 22-year career and was then named a senior

director with the firm. 

During his career at Goldman Sachs, McNulty held a number of senior

positions, including head of its investment management division.  Under his

leadership, Goldman Sachs built its global investment management business

significantly with assets under management increasing from $50 billion to

more than $300 billion.

McNulty currently serves on the board of directors of Allied World Assurance

Holdings, Ltd.

"John McNulty is a highly respected and qualified individual and his

appointment further strengthens the boards of Carnival Corporation & plc and

underlines our commitment to both our US and UK shareholders. We look

forward to his valuable input and guidance in the operation of our dual

listed company," said Micky Arison, Carnival Corporation & plc chairman and

CEO.




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