SEC FORM 4

SEC Form 4

FORM 4

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
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

JMD DELAWARE INC

(Last)

(First)

(Middle)

1201 NORTH MARKET ST.

(Street)

WILMINGTON

19899-1347

(City)

(State)

(Zip)

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 Footnotes 2, 3 and 4 below

3. Date of Earliest Transaction (Month/Day/Year)
09/02/2003

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	09/02/2003		S		000	D	$0.00	0	D
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		840	D	$34.02	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		219	D	$34.03	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		621	D	$34.04	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		173	D	$34.05	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		322	D	$34.06	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		817	D	$34.07	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		610	D	$34.08	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		81	D	$34.09	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		5,658	D	$34.1	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		322	D	$34.11	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		920	D	$34.12	0⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		805	D	$34.13	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		161	D	$34.14	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		1,668	D	$34.15	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		736	D	$34.16	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		2,818	D	$34.17	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		288	D	$34.18	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		230	D	$34.19	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below
Trust Shares (beneficial interest in special voting share)⁽¹⁾	09/02/2003		S		1,771	D	$34.2	0⁽²⁾⁽³⁾⁽⁴⁾	I	See Footnotes 2, 3 and 4 below

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 (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	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 (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents trust shares (the "Trust Shares") of beneficial interests in the P&O Princess Special Voting Trust (the "Trust"). In connection with the dual listed company transaction between Carnival plc (formerly known as P&O Princess Cruises plc) and Carnival Corporation (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 of Carnival Corporation (the "Carnival Corporation Common Stock"). Since completion of the DLC transaction on April 17, 2003, if Carnival Corporation issues Carnival Corporation Common Stock to a person, the Trust will issue an equivalent number of Trust Shares to such person. The Trust Shares are paired with shares of Carnival Corporation Common Stock and are represented by the same stock certificate. The Trust Shares represent a beneficial interest in the Carnival plc special voting shar e.

2. The reporting person, as trustee of the Continued Trust for Shari Arison Dorsman, the Continued Trust for Micky Arison, the Continued Trust for Michael Arison, the Michael Arison 1999 Irrevocable Delaware Trust and The Micky Arison 1997 Holdings Trust and as co-trustee of The Ted Arison 1992 Irrevocable Trust for Lin No. 2 (the "Trust for Lin"), The Ted Arison 1994 Irrevocable Trust for Shari No. 1 and The Ted Arison Charitable Trust (collectively, the "Arison Trusts"), exercises certain voting and dispositive powers with respect to the Trust Shares and interests in the Carnival plc special voting share held by such trusts. This report is being filed to reflect the sale of shares by the Trust for Lin.

3. The reporting person disclaims beneficial ownership of the securities held by the Arison Trusts and this report shall not be deemed an admission that the reporting person beneficially owns any of the securities held by the Arison Trusts. The reporting person has no pecuniary interest in the securities held by the Arison Trusts and will no longer report ownership of such securities for purposes of Section 16.

4. The reporting person may be deemed a member of a Section 13(d) group that owns more than 10% of the Trust Shares and an interest in the Carnival plc special voting share. However, the reporting person disclaims such group membership, and this report shall not be deemed an admission that the reporting person is a member of a Section 13(d) group that owns more than 10% of the Trust Shares and an interest in the Carnival plc special voting share for purposes of Section 16 or for any other purpose.

	John J. O'Neil, Authorized Signatory, JMD Delaware, Inc.	09/04/2003
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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