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New Diamond Princess Delivered and Christened in Japan

February 26, 2004

SANTA CLARITA, Calif. -- Under sunny skies in Nagasaki, Japan, the new Diamond Princess was named today in a colorful ceremony which featured traditional Japanese festivities set against the state-of-the-art ship. The ship was delivered earlier in the morning to Princess Cruises by Mitsubishi Heavy Industries, Ltd. (MHI), builders of the 116,000-ton vessel. 

Diamond Princess was named by Mrs. Yoshiko Tsukuda, wife of Kazuo Tsukuda, president of MHI. Dressed in a traditional kimono, Mrs. Tsukuda officially launched the ship in a ceremony that including such Japanese touches as a taiko drum performance, a traditional dragon dance and a Shinto-style blessing. Hundreds of guests from around Japan and other Asian regions attended the ceremony, which also featured a spectacular fireworks display and other touches designed to bring the ship good fortune. 

The 116,000-ton, 2,670-passenger Diamond Princess launches a new ship design for Princess and makes history as the first large cruise ship built in Japan in more than a decade. The vessel incorporates Princess' trademark design philosophy -- including an abundance of balcony cabins, flexibility in dining and entertainment options, Princess' renowned service and a variety of intimate spaces -- giving the ship all of the choice of a large ship with the feel of a much smaller vessel. The ship offers passengers a unique dining program with four themed dining rooms, complimenting the main dining room and Sabatini's trattoria -- Princess' trademark alternative restaurant; a new Princess Concierge Service; the fleet's largest Internet Cafe, and the debut of Club Fusion, a new high-tech dance lounge. 

Diamond Princess departs Nagasaki today on a trans-Pacific crossing as it positions to Los Angeles for its inaugural season of Mexico cruises, which begins March 13. The ship will be based in Seattle this summer for seven-day round-trip Inside Passage cruises to Alaska. 

One of the best-known names in North American cruising, Princess Cruises is a global cruise and tour company. Part of Carnival Corporation & plc (NYSE: CCL and CUK), its current fleet of 12 ships sail on approximately 150 different itineraries around the globe, calling at more than 260 ports on all seven continents. By 2006 a further three ships will be introduced.