Royal Caribbean Announces Termination of Shareholders' Agreement Between Cruise Associates and A Wilhelmsen AS

Royal Caribbean Cruises Ltd. (NYSE: RCL) has been informed by Cruise Associates and A Wilhelmsen AS, its two largest shareholders, that they have terminated the Shareholders' Agreement between themselves. The Company is not a party to the Agreement.

The Company has included with this release a series of Questions and Answers related to the termination of the Shareholders' Agreement. "This action is solely between the two shareholders and does not involve the Company. We do not expect today's announcement to result in any change in the Company's operations or strategic direction," said Richard D. Fain, chairman and chief executive officer.