Financial Astrology of Carnival Corporation

FINANCIAL ASTROLOGY

First Trade Date for Carnival Corporation

Company Name	First Trade Date (yyyy-mm-dd)
Carnival Corporation	1991-11-26

Company Name	Symbol
Carnival Corporation	CCL
History and Business of Company (this information may include date of incorporation)
Carnival Corporation is a Panamanian corporation and Carnival plc (formerly known as P&O Princess Cruises plc) is incorporated in England and Wales. Together with their consolidated subsidiaries they are referred to collectively in this joint Annual Report on Form 10-K as Carnival Corporation & plc, "our," "us," and "we." On April 17, 2003, Carnival Corporation and Carnival plc completed a dual listed company ("DLC") transaction, which implemented Carnival Corporation & plc's DLC structure. The DLC transaction combined the businesses of Carnival Corporation and Carnival plc through a number of contracts and amendments to Carnival Corporation's articles of incorporation and by-laws and to Carnival plc's memorandum of association and articles of association. Carnival Corporation and Carnival plc are both public companies, with separate stock exchange listings and their own shareholders. The two companies have a single executive management team and identical boards of directors and are operated as if they were a single economic enterprise. See Note 3, "DLC Transaction" to our Consolidated Financial Statements in Exhibit 13 to this joint Annual Report on Form 10-K. We are the largest global cruise company and one of the largest vacation companies in the world. We have a portfolio of 12 of the world's most widely recognized cruise brands and are the leading provider of cruises to all major destinations outside the Far East. See Part I, Item 1. Business C. Cruise Operations for further information.

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