Sec Form 4 Filing - 1999 JAFASA IRREVOCABLE DELAWARE TRUST @ CARNIVAL PLC - 2004-09-28

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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
1999 JAFASA IRREVOCABLE DELAWARE TRUST
2. Issuer Name and Ticker or Trading Symbol
CARNIVAL PLC [ CUK]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
_____ Officer (give title below) X __ Other (specify below)
See footnote 1 below
(Last) (First) (Middle)
1201 NORTH MARKET ST
3. Date of Earliest Transaction (MM/DD/YY)
09/28/2004
(Street)
WILMINGTON, DE19899-1347
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 0 D
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/28/2004 S 500 ( 4 ) D $ 47.69 33,500 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/28/2004 S 1,500 ( 4 ) D $ 47.71 32,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/28/2004 S 2,800 ( 4 ) D $ 47.76 29,200 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/28/2004 S 700 ( 4 ) D $ 47.77 28,500 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/28/2004 S 1,500 ( 4 ) D $ 47.8 27,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/28/2004 S 3,000 ( 4 ) D $ 47.99 24,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 2,000 ( 4 ) D $ 47.18 22,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 1,700 ( 4 ) D $ 47.26 20,300 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 3,300 ( 4 ) D $ 47.27 17,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 7,000 ( 4 ) D $ 47.3 10,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 1,000 ( 4 ) D $ 47.34 9,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 2,000 ( 4 ) D $ 47.35 7,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 2,000 ( 4 ) D $ 47.42 5,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 2,000 ( 4 ) D $ 47.43 3,000 D ( 1 )
Trust Shares (beneficial interest in special voting share) ( 2 ) ( 3 ) 09/29/2004 S 3,000 ( 4 ) D $ 47.44 0 D ( 1 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
1999 JAFASA IRREVOCABLE DELAWARE TRUST
1201 NORTH MARKET ST
WILMINGTON, DE19899-1347
See footnote 1 below
Signatures
/s/ John J. O'Neil, Authorized Signatory, JMD Delaware, Inc., Trustee 09/30/2004
Signature of Reporting Person Date
Explanation of Responses:
( 1 )The reporting person may be deemed a member of a Section 13(d) group that owns more than 10% of thetrust shares (the "Trust Shares") of beneficial interests in P&O Princess Special Voting Trust (the"Trust") and an interest in the Carnival plc special voting share. However, the reporting persondisclaims such group membership, and this report shall not be deemed an admission that the reportingperson is a member of a Section 13(d) group that owns more than 10% of the Trust Shares and aninterest in the Carnival plc special voting share for purposes of Section 16 or for any otherpurpose.
( 2 )Represents Trust Shares of beneficial interests in the Trust. In connection with the dual listedcompany transaction between Carnival plc (formerly known as P&O Princess Cruises plc) and CarnivalCorporation (the "DLC Transaction"), Carnival plc issued one special voting share to the Trust and,following a series of transactions, the Trust Shares were distributed to holders of common stock ofCarnival Corporation (the "Carnival Corporation Common Stock"). Following the completion of the DLCTransaction, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trustwill issue an equivalent number of Trust Shares to such person. The Trust Shares are paired withshares of Carnival Corporation Common Stock and are represented by the same stock certificate. TheTrust Shares represent a beneficial interest in the Carnival plc special voting share.
( 3 )The prices included on this form represent the sales price for the paired Trust Shares and shares ofCarnival Corporation Common Stock.
( 4 )The shares covered by this form are being sold pursuant to a Rule 10b5-1(c) sales plan dated March 30, 2004.

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