MIAMI, Jan. 18, 1996 -- Carnival Corporation (NYSE: CCL) announced today that its Board of Directors declared a regular quarterly dividend of 9 cents per share for the first quarter ending February 29, 1996. The dividend is payable March 14, 1996, to shareholders of record on February 29, 1996.

Carnival Corporation is comprised of Carnival Cruise Lines, the world's largest cruise line based on number of passengers carried, Holland America Line, Windstar Cruises and Seabourn Cruise Line, which combined operate 22 ships in the Caribbean, Alaska and other worldwide destinations. The combined group introduced two new ships in 1994, one in 1995, and has seven more ships slated to begin service over the next four years. Carnival Cruise Lines has three 70,000-ton vessels under construction. The first of those, the Inspiration, is scheduled to begin service in March 1996. Two more as-yet-unnamed 70,000-ton vessels are slated for delivery in February and November of 1998. It also has under construction the Carnival Destiny, which will be the largest passenger ship ever built when it is introduced in November 1996. A sister to the Carnival Destiny will enter service in 1999. Holland America has contracted for an additional 1,266-passenger ship, the Veendam, scheduled for delivery in the spring of 1996. Another ship, at 62,000 gross registered tons, will begin a new class of vessel for Holland America Line when delivered in the fall of 1997.