Effective November 7, 2007

Because of the continuing rapid escalation of fuel prices, the North American brands of Carnival Corporation, including Princess Cruises, have announced a fuel supplement of $5 per passenger, per day, for all voyages departing on or after February 1, 2008.

The supplement applies to the first and second passengers in a stateroom up to a maximum of $70 per person per voyage, for both new bookings and those that are currently under deposit or fully paid.

The fuel supplement is necessitated by significant rises in fuel prices which have dramatically increased Carnival Corporation's operating costs. Until now, the company has absorbed the increase in fuel costs but, unfortunately, it is not possible to continue covering these substantial expenses.

Implementing this fuel supplement was a difficult decision, and we hope that our passengers will understand that this is a necessary step in today’s economic environment.