Royal Reports Second Quarter

Royal Caribbean Cruises (RCC) has reported net income of $128.7 million, or $0.60 per share, on revenues of $1.5 billion for the second quarter, ended June 30, 2007, compared to net income of $122.4 million, or $0.57 per share, on revenues of $1.3 billion for the same period last year. RCC also announced that the full year guidance remains largely unchanged except for the impact of higher fuel prices. Full year 2007 earnings are expected to be in the range from $2.75 to $2.85 per share, compared to $2.94 for 2006 and $3.26 for 2005.

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