CARNIVAL CORP — Director's Dealing 2011

Feb 24, 2011

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CARNIVAL CORP (CCL)
CIK: 0000815097
Period of Report: 2011-02-22

Reporting Person: ARISON MICKY MEIR (Director, Chairman & CEO, 10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2011-02-22	Common Stock	F	30618	$42.09	Disposed	709739	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	109869563	Indirect

Footnotes

F1: Represents a surrender of shares to satisfy the tax obligation on the vesting of restricted stock granted in 2008.

F2: Includes (i) 103,638,843 shares of common stock held by MA 1994 B Shares, L.P.; (ii) 538,393 shares of common stock held by the Nickel 97-07 Trust; (iii) 317,099 shares of common stock held by the Nickel 2006 GRAT; (iv) 121,308 shares of common stock held by the Nickel 2007 GRAT; (v) 438,220 shares of common stock held by the Nickel 2008 GRAT; (vi) 2,244,231 shares of common stock held by the Nickel 2008-2 GRAT; (vii) 1,071,469 shares of common stock held by the Nickel 2009 GRAT; and (viii) 1,500,000 shares of common stock held by the Nickel 2010 GRAT.