X0303 4 2009-02-10 0 0000884887 ROYAL CARIBBEAN CRUISES LTD RCL 0001317543 Laviada Laura ROYAL CARIBBEAN CRUISES LTD 1050 CARIBBEAN WAY MIAMI FL 33132 1 0 0 0 Common Stock 2009-02-10 4 A 0 8259 0 A 15417 D Option to Purchase Common Stock 7.265 2009-02-10 4 A 0 8578 0 A 2019-02-10 Common Stock 8578 8578 D The reporting person was granted restricted stock units under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. Represents the maximum number of shares of common stock underlying the restricted stock units, which vest as follows: 2,065 on each of 2/10/2010, 2/10/2011 and 2/10/2012 and 2,064 on 2/10/2013. The restricted stock units were granted to the reporting person without payment thereof as compensation for serving as a director of the issuer. The reporting person was granted the option under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/10/2009. The option is exercisable as follows: 2,145 on each of 2/10/2010 and 2/10/2011 and 2,144 on each of 2/10/2012 and 2/10/2013. The option was granted without payment thereof as compensation for serving as a director of the issuer. EXHIBIT LIST: Exhibit 24 - Limited Power of Attorney for Secion 16 Reporting Obligations /s/ Richard Montes de Oca, Attorney-in-Fact for Laura Laviada 2009-02-11