CARNIVAL CORPORATION DECLARES THIRD QUARTER DIVIDEND

Press Release: Carnival Corporation

August 2, 1999
MIAMI,FL -- Carnival Corporation (NYSE: CCL) announced today that its Board of Directors approved a regular quarterly dividend of $.09 per share.

The dividend has been declared for the third quarter ending August 31, 1999, and is payable September 14, 1999, to shareholders of record on August 31, 1999.

Carnival Corporation is comprised of Carnival Cruise Lines, the world's largest cruise line based on passengers carried, Holland America Line, Windstar Cruises, a majority interest in Cunard Line Limited, which operates the Cunard and Seabourn cruise brands, and interests in Costa Cruises and Airtours plc. Combined, Carnival Corporation's various brands operate 45 ships in the Caribbean, Alaska, Europe and other worldwide destinations. Additional information can be obtained via Carnival Corporation's Web site at www.carnivalcorp.com .