Carnival Corporation -- Moody's comments on Carnival Corporation's disclosure of lower booking volumes and decision to split roles of Chairman and CEO

New York, June 26, 2013 -- Moody's commented on Carnival Corporation and Carnival plc's (collectively, "Carnival" or "CCL") announcement that booking volumes for the company's Carnival Cruise Lines for the remainder of 2013 are behind the prior year at prices below the prior year levels and that it plans to split the roles of Micky Arison, its current Chairman and Chief Executive Officer. Mr. Arison will give up his role as CEO but remain Chairman. Arnold W. Donald, will assume the CEO role effective July 3. Mr. Donald has served on the company's board for the past 12 years. These announcements have no affect on Carnival's ratings.

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