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Table of Contents

Fluctuations in foreign currency exchange rates could adversely affect our financial results.






Whether our future operating cash flow will be sufficient to fund future obligations and whether we will be able to obtain financing, if necessary,
in sufficient amounts and on terms that are favorable or consistent with our expectations may adversely impact our financial results.















The DLC arrangement involves risks not associated with the more common ways of combining the operations of two companies and these risks
may have an adverse effect on the economic performance of the companies and their respective share prices.
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






Carnival Corporation and Carnival plc are not U.S. corporations, and our shareholders may be subject to the uncertainties of a foreign legal
system in protecting their interests.
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