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ROYAL CARIBBEAN CRUISES LTD Director's Dealing 2011

Feb 14, 2011

29893_dirs_2011-02-14_def82137-854e-49c6-82c1-f399899237c6.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL CARIBBEAN CRUISES LTD (RCL)
CIK: 0000884887
Period of Report: 2011-02-10

Reporting Person: Stein Bradley H (SVP, GC & ChiefComplianceOff)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-02-10 Common Stock F 113 $46.58 Disposed 22284 Direct
2011-02-11 Common Stock F 258 $47.3775 Disposed 22026 Direct

Footnotes

F1: Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of 430 shares underlying certain restricted stock units on 2/10/2011.

F2: Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/10/2011.

F3: Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of 979 shares underlying certain restricted stock units on 2/11/2011.

F4: Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/11/2011.