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Phil Kleweno Appointed President Of Princess Cruises

Maritime Activity Reports, Inc.

June 20, 2001

P&O Princess Cruises plc, today announced the appointment of Phil Kleweno as President of its North American division, Princess Cruises.

Los Angeles-based Princess Cruises is one of the strongest cruise brands in North America and, with 10 ships and approximately 12,000 employees, is the largest business division of the P&O Princess Cruises Group. The division generated $1.8 billion of revenue in 2000.

Kleweno joins Princess Cruises from Bain & Company, a global business consultancy, where he was a senior partner. Kleweno has worked with Princess Cruises over the last five years and has been closely involved in both the strategic and operational development of the division during that time.

While at Bain, Kleweno also focused on customer-oriented businesses within a number of different sectors including travel and leisure, retail, and media and entertainment. He was among the founding management team of Bain's Los Angeles office and played a key role in developing the firm's e-commerce practice. A graduate of Harvard Business School, Kleweno also held finance positions at Honeywell Information Systems and was Vice President and General Manager of The Zitter Group, a health care information company, where he was responsible for sales and marketing and product development.

As President of Princess Cruises, Kleweno will report to Peter Ratcliffe, CEO of P&O Princess Cruises.

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