Royal Caribbean to Hold Conference Call On Business Update

Press Release: Royal Caribbean Cruises Ltd.
January 3, 2002
MIAMI, FL -- Royal Caribbean Cruises Ltd. (NYSE:RCL; OSE:RCL) has scheduled a conference call with analysts for 10 a.m. eastern time, Tuesday, January 08, 2002, to provide a current business update. The call can be listened to by all interested parties at the company's investor relations web site, http://www.rclinvestor.com. Visual aids relating to the call will also be available at the web site. A replay of the webcast will be available at the same site for a month following the call.

Royal Caribbean Cruises Ltd. is a global cruise vacation company that operates Royal Caribbean International, Celebrity Cruises, and Royal Celebrity Tours. Royal Caribbean International and Celebrity Cruises have a combined total of 23 ships in service and 6 under construction or on firm order. Royal Celebrity Tours operates cruisetour vacations in Alaska utilizing the world's largest glass-domed railcars. Additional information can be found on http://www.royalcaribbean.com or http://www.celebritycruises.com.

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Contact: 

     Royal Caribbean Cruises Ltd., Miami
     Michael Sheehan or Erin Williams
     305/539-6572 or 305/539-6153