Winter/Spring 2011 ASIA/HAWAII/ TAHITI/SOUTH AMERICA/ SOUTH PACIFIC/WORLD CRUISE Exotic Adventures from less than $90 per day!* Princess eZAir now available on OneSource!

STAR PRINCESS® 20 DAYS Antarctica & South America Adventure - Sail from Rio de Janeiro to Buenos Aires DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Dec 20, 2010 $2299 $2499 $3299 -- 14 DAYS Cape Horn Route to Rio - Sail from Rio de Janeiro to Santiago DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Feb 9, 2011 $1699 $1899 $2399 -- 15 DAYS Brazilian Adventure - Sail from Rio de Janeiro to Ft. Lauderdale DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Mar 9, 2011 $1799 $1999 $2499 $2999 ROYAL PRINCESS® 10 DAYS Tahiti & Polynesia - Sail roundtrip from Papeete DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 8, 2011 $1399 $1499 $1799 -- 12 DAYS Hawaii & Tahiti - Sail from Papeete to Honolulu DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 28, 2011 $1799 $1899 $2299 -- SUN PRINCESS® 13 DAYS New Zealand - Sail roundtrip from Sydney DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 12, 2011 $1895 $2395 $2795 -- DAWN PRINCESS® 13 DAYS New Zealand - Sail roundtrip from Melbourne DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 16, 2011 $1895 $2395 $2895 $4595 PACIFIC PRINCESS® 107 DAYS World Cruise - Sail from Ft. Lauderdale to Rome DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 19, 2011 $18995 $18995 $28294 -- 33 DAYS World Cruise Segment - Sail from Ft. Lauderdale to Sydney DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 19, 2011 $6795 $6795 $9896 -- 19 DAYS World Cruise Segment - Sail from Sydney to Singapore DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Feb 22, 2011 $2995 $2995 $4195 -- 30 DAYS World Cruise Segment - Sail from Singapore to Cape Town DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Mar 13, 2011 $5495 $5495 $8194 -- 25 DAYS World Cruise Segment - Sail from Cape Town to Rome DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Apr 12, 2011 $4995 $4995 $7695 -- OCEAN PRINCESS® 16 DAYS South China Sea Explorer - Sail from Shanghai to Singapore DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Jan 23, 2011 $1699 $1699 $2399 $2799 12 DAYS China & Japan Explorer - Sail from Osaka to Shanghai DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Mar 8, 2011 $1499 $1499 $1999 $2399 DIAMOND PRINCESS® 23 DAYS Australia & China - Sail from Sydney to Beijing DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Feb 8, 2011 $1999 $2199 $2999 -- 16 DAYS Southeast Asia & China - Sail from Singapore to Beijing DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE Mar 19, 2011 $1599 $1799 $2599 $2999 23 DAYS Alaska & Far East Adventure - Sail from Beijing to Vancouver DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE May 6, 2011 $1999 $2199 $3199 $3699 16 DAYS Alaska & Far East - Sail from Beijing to Anchorage DATE(S) INTERIOR OCEANVIEW BALCONY MINI-SUITE May 6, 2011 $1499 $1599 $2299 $2799

FARES ARE CRUISE ONLY, NON-AIR, PER PERSON, BASED ON DOUBLE OCCUPANCY, SUBJECT TO AVAILABILITY, CAPACITY CONTROLLED AND INCLUDE NON-COMMISSIONABLE FARE. OFFER APPLIES TO MINIMUM LEAD-IN CATEGORIES AND EXCLUDES SELECT CATEGORIES. Oceanview stateroom may have an obstructed view. Additional stateroom categories may be available at higher fares. This offer applies to lower berth passengers only. Offer may not be combinable with other discounts, promotions, or shipboard credits, and is available to residents of Puerto Rico, Mexico and U.S. only. Call Princess for applicable air add-on program. Commission is based on new promotional fare. Please refer to Polar Online for Government Fees and Taxes which are additional and subject to change. Princess reserves the right to impose a fuel supplement of up to $9 US per person per day on all passengers if the NYMEX oil price exceeds $70 US per barrel, even if the fare has already been paid in full. Transfers to/from ship/hotel are not included in fares. Please refer to the applicable Princess Cruises brochure or princess.com for terms, conditions and definitions which apply to the booking.

FARES UPDATE SPECIAL FARES FOR SELECT AGENCIES

AVAILABLE FROM THURSDAY 9/2/10 5:00 am Pacific Time - TUESDAY 9/7/10 5:00 pm Pacific Time

Fall 2010 CANADA & NEW ENGLAND CARIBBEAN TRANSATLANTIC Travel aboard the World's grandest Ocean Liner, QUEEN MARY 2!* Fares starting from less than $85 per day! Eastbound Transatlantic Crossing 7 DAYS QUEEN MARY 2 - Sail from New York to Southampton DATE(S) Inside Stateroom Category D8 Oceanview Stateroom Category C4 Premium Balcony (sheltered) Category B5 Deluxe Balcony (obstructed view) Category A4 Princess Grill Stateroom Category P3 Queens Grill Stateroom Category Q7 Oct 12, 2010 $699 $849 $999 $999 $2399 $3399 DATE(S) Inside Stateroom Category D8 Oceanview Stateroom Category C4 Premium Balcony (sheltered) Category B5 Deluxe Balcony (obstructed view) Category A4 Princess Grill Stateroom Category P3 Queens Grill Stateroom Category Q7 Nov 1, 2010 $699 $799 $899 $899 $2199 $2999 Westbound Transatlantic Crossing 6 DAYS QUEEN MARY 2 - Sail from Southampton to New York DATE(S) Inside Stateroom Category D8 Oceanview Stateroom Category C4 Premium Balcony (sheltered) Category B5 Deluxe Balcony (obstructed view) Category A4 Princess Grill Stateroom Category P3 Queens Grill Stateroom Category Q7 Oct 19, 2010 $699 $849 $999 $999 $2399 $3399 DATE(S) Inside Stateroom Category D8 Oceanview Stateroom Category C4 Premium Balcony (sheltered) Category B5 Deluxe Balcony (obstructed view) Category A4 Princess Grill Stateroom Category P3 Queens Grill Stateroom Category Q7 Nov 10, 2010 $699 $799 $899 $899 $2199 $2999 East Coast Explorer 7 DAYS QUEEN MARY 2 - Sail roundtrip from New York DATE(S) Deluxe Balcony (obstructed view) Category A4 Princess Grill Stateroom Category P3 Queens Grill Stateroom Category Q7 Oct 25, 2010 $1199 $2499 $2999 Eastbound Crossing to Cherbourg 8 DAYS QUEEN MARY 2 - Sail from New York to Cherbourg DATE(S) Inside Stateroom Category D8 Oceanview Stateroom Category C4 Premium Balcony (sheltered) Category B5 Deluxe Balcony (obstructed view) Category A4 Nov 1, 2010 $799 $899 $999 $1099 Caribbean Delights 11 DAYS QUEEN MARY 2 - Sail roundtrip from New York DATE(S) Inside Stateroom Category D8 Oceanview Stateroom Category C4 Premium Balcony (sheltered) Category B5 Deluxe Balcony (obstructed view) Category A4 Princess Grill Stateroom Category P3 Queens Grill Stateroom Category Q7 Nov 16, 2010 $899 $1099 $1299 $1299 $3299 $3799 *FARES ARE CRUISE ONLY, NON-REFUNDABLE, NON-AIR, PER PERSON, BASED ON DOUBLE OCCUPANCY, SUBJECT TO AVAILABILITY, CAPACITY CONTROLLED AND INCLUDE NON-COMMISSIONABLE FARE. STATEROOM ASSIGNMENT IS NOT AVAILABLE AT THE TIME OF BOOKING. BOOKING WILL BE ON A "GUARANTEE" STATUS. CUNARD CARE AND CUNARD AIR/SEA PROGRAM ARE NOT AVAILABLE WITH THIS PROMOTION. OFFER EXCLUDES SELECT CATEGORIES. Balcony stateroom on QUEEN MARY 2 or Oceanview stateroom on QUEEN VICTORIA may have an obstructed view. Additional stateroom categories may be available at higher fares. This offer applies to lower berth passengers and is available to Select Agencies in Puerto Rico, Mexico and U.S. only. Full payment is due at time of booking. This fare is 100% non-refundable once payment is made. Name changes and waitlists not allowed. Offer may not be combinable with cruisetours or other discounts, including shipboard credits. This offer is available for new individual bookings only and is available from Thursday 09/02/10 5:00 am Pacific Time - Tuesday 09/07/10 5:00 pm Pacific Time. Please refer to the applicable brochure for Government Fees and Taxes which are additional and subject to change. Cunard is currently imposing a fuel supplement of $3.85 USD ($4.24 CAD) per day (up to a maximum of $154.00 USD (169.40 CAD)) on all passengers who have booked on or after 10 May 2010 for sailings on or after 1 November 2010. This fuel supplement amount is subject to change even after a booking is paid in full. Transfers to/from ship/hotel are not included in fares. Please refer to the applicable Cunard Line brochure or cunard.com for terms, conditions and definitions which apply to the booking. Fares are quoted in U.S. dollars.