Carnival Corp & plc Reports Financial Impact of Voyage Disruptions in the 4th Quarter

Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) estimates that the total impact from voyage disruptions and related repair costs will result in an approximate $0.07 reduction in the company’s 2010 fourth quarter earnings per share. The impact of voyage disruptions in the first quarter of 2011 is not expected to be material to the company’s 2011 earnings.

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, The Yachts of Seabourn, AIDA Cruises, Costa Cruises, Cunard Line, Ibero Cruises, P&O Cruises and P&O Cruises Australia.

Together, these brands operate 98 ships totaling more than 191,000 lower berths with 10 new ships scheduled to be delivered between March 2011 and May 2014. 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.

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