SANTA CLARITA, Calif. (August 28, 2012) – Princess Cruises today marked the beginning of construction of the second of its new generation of ships with the official keel laying ceremony at the Fincantieri shipyard in Monfalcone, Italy. At the same time the line annoUnced that the ship’s name will be REGAL PRINCESS.The vessel, a sister ship to Royal Princess, will debut in Spring 2014.The company and shipyard officials started the countdown to the ship’s launch today as the keel – the bottommost part of the ship – was ceremoniously lowered into position in the building dock.

"Just as Royal Princess was named after one of our iconic early vessels, Regal Princess also takes a name from our past that we think is well suited for this spectacular ship," said Alan Buckelew, president and CEO of Princess Cruises. "Today’s keel laying is an exciting event as it marks a key milestone in our newbuilding program."

Following a traditional blessing by a priest, the ship’s keel – which weighs approximately 500 tons – was moved into position by a huge crane onto the keel blocks. The computer-guided maneuver took only minutes, belying the more than 2 million man hours that will ultimately go into building the vessel. The 3,600-passenger, 141,000-ton ship will remain in the building dock until its float-out next summer.

Regal Princess will offer many of the same special features as  Royal Princess, which debuts in June 2013. Among these are a greatly expanded atrium, the social hub of the ship; a dramatic over-water SeaWalk, a top-deck glass-bottomed walkway extending more than 28 feet beyond the edge of the vessel; plush private poolside cabanas that appear to be floating on the water; the new Princess Live! television studio; a pastry shop; a special Chef’s Table Lumiere, a private dining experience that surrounds diners in a curtain of light; and balconies on all outside staterooms. More information and video previews of Royal Princess are available at www.princess.com/royalprincess.

Additional details including schedules and itineraries for Regal Princess will be announced next year.

Additional information about Princess Cruises is available through professional travel agent, CRICKET CRUISE & TRAVEL, LLC by calling 979-836-6600.

About Princess Cruises:
One of the best-known names in cruising, Princess Cruises is a global cruise and tour company operating a fleet of 16 modern ships renowned for their innovative design and wide array of choices in dining, entertainment and amenities, all provided in an environment of exceptional customer service. Two ships are under construction and will join the fleet in 2013 and 2014. A recognized leader in worldwide cruising, Princess carries 1.3 million passengers each year to destinations around the globe ranging in length from three to 107 days. The company is part of Carnival Corporation & plc (NYSE/LSE:CCL; NYSE:CUK).

Princess Cruises is a proud member of World's Leading Cruise Lines. Our exclusive alliance also includes Carnival Cruise Lines, Holland America, Cunard Line, Costa Cruises and Seabourn. Sharing a passion to please each guest and a commitment to quality and value, World’s Leading Cruise Lines inspires people to discover their best vacation experience. Together, we offer a variety of exciting and enriching cruise vacations to the world's most desirable destinations.