ROYAL CARIBBEAN CRUISES LTD — Director's Dealing 2013

Apr 1, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ROYAL CARIBBEAN CRUISES LTD (RCL)
CIK: 0000884887
Period of Report: 2013-03-31

Reporting Person: Fain Richard D (Director, Chairman & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-31	Common Stock	A	10086	$0.00	Acquired	1068491	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	421412	Indirect

Footnotes

F1: Represents a quarterly issuance of shares of common stock to the Reporting Person in connection with the Reporting Person's employment with the Issuer.

F2: The reporting person disclaims beneficial ownership of some or all of these shares.

F3: Shares owned by Monument Capital Corporation as nominee for various trusts primarily for the benefit of certain members of the Fain family.