Micky Arison Increases Quotations

Robust demand for cruise vacations continued into our seasonally strong summer period. Significant improvements in pricing, particularly for our North American brands, more than compensated for increases in fuel costs, resulting in higher profits and another record third quarter,

That's quite a remarkable accomplishment considering that fuel price increases are estimated to cost the company an additional $170 million, or 20 cents a share, in 2005.

Significant improvements in pricing, particularly for our North American brands, more than compensated for increases in fuel costs.