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Carnival Corp. Appoints Banks for Euro Bond

Maritime Activity Reports, Inc.

February 21, 2001

Carnival Corp the world's biggest cruise line, has mandated UBM and JP Morgan as lead managers for a debut euro-denominated issue, the banks said on Thursday.

The transaction is expected to be launched in the near future following European Investor presentations arranged for February 27, 28 and March 1, according to the lead managers.

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