MIAMI, Feb. 11 -- Royal Caribbean Cruises Ltd. (NYSE, OSE: RCL)
announced today that it intends to commence marketing a proposed public
offering of 6,000,000 shares of its Common Stock. Of the 6,000,000 shares to
be offered, 3,849,655 shares will be offered by the selling shareholders, with
the balance to be sold by the Company. The Company will grant a standard
over-allotment option to the underwriters. The Company intends to use its
share of the net proceeds of the offering for general corporate purposes,
including capital expenditures.

The offering will be made to investors in the United States by managing
underwriters, including Merrill Lynch & Co., Goldman, Sachs & Co. and Lazard
Freres & Co. LLC. The offering will be made to investors in Europe by
managing underwriters, including Merrill Lynch International, Christiania
Markets, Goldman Sachs International, Lazard Capital Markets and Pareto Fonds
AS. The shares of Common Stock are being offered pursuant to the Company's
effective shelf registration statement which was filed with the Securities and
Exchange Commission earlier this year.

Royal Caribbean Cruises Ltd. is a global cruise company operating two cruise
brands, Royal Caribbean International and Celebrity Cruises.