Highlights from the 2012 outlook Carnival Corp & plc unveiled with its first quarter interim report:

  * At this time, cumulative advance bookings, excluding Costa, for the

    remainder of 2012 are approximately 3 occupancy points behind the prior

    year with prices slightly higher than last year's levels (constant dollars)

  * Net revenue yields for FY 2012 are expected to be in line with the prior

    year (constant dollars) excluding Costa, and decline 2 to 4 percent

    (constant dollars) including Costa

  * Net cruise costs excluding fuel per ALBD for FY 2012 are expected to be in

    line with the prior year on a constant dollar basis

  * Changes in currency exchange rates and fuel prices for FY 2012 are expected

    to reduce FY 2012 earnings by $0.59 per share compared to 2011

  * Full year 2012 non-GAAP earnings per share (diluted) expected to be in the

    range of $1.40 to $1.70, compared to $2.42 for 2011

  * 2Q 2012 non-GAAP earnings per share (diluted) expected to be in the range

    of $0.05 to $0.09, compared to $0.26 in 2Q 2011