The board of directors Carnival Group International Holdings Limited announced that on January 3, 2014, the company as borrower entered into a facility agreement with, amongst others, certain of its subsidiaries as guarantors and a financial institution as a lender, arranger and agent. Pursuant to the Facility Agreement, the Original Lender has agreed to make available to the company a Hong Kong dollar term loan facility in the principal sum of HKD 600,000,000. The Facility has a maturity period of 24 months from the date of first drawdown, subject to an extension, by mutual agreement, to 36 months from the date of first drawdown.

Interest will accrue at a rate which equals to the Hong Kong dollars best lending rate quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time plus: 1) 7.5% for the first 12 months from and including the date of first drawdown; 2) 8.0% for period from the thirteenth month from the date of first drawdown to the Final Repayment Date; and 3) if applicable, 9.5% for the period from the twenty-fifth month from the date of first drawdown to the Extended Final Repayment Date.