MIAMI, Jan. 14 -- Carnival Corporation (NYSE: CCL) announced
today that its Board of Directors declared a regular quarterly dividend of
$.09 per share for the first quarter ending February 28, 1999. The dividend
is payable on March 12, 1999, to shareholders of record as of February 22,
1999.

Carnival Corporation is comprised of Carnival Cruise Lines, the world's
largest cruise line based on passengers carried, Holland America Line,
Windstar Cruises, a majority interest in Cunard Line Limited, which operates
the Cunard and Seabourn cruise brands, and interests in Costa Cruises and
Airtours plc. Combined, Carnival Corporation's various brands operate 43
ships in the Caribbean, Alaska, Europe and other worldwide destinations.