X0303 4 2011-02-08 0 0000884887 ROYAL CARIBBEAN CRUISES LTD RCL 0001319154 Hanrahan Daniel J ROYAL CARIBBEAN CRUISES LTD. 1050 CARIBBEAN WAY MIAMI FL 33132 0 1 0 0 Pres & CEO, Celebrity Cruises Common Stock 2011-02-08 4 F 0 2345 46.18 D 167042 D Common Stock 2011-02-08 4 A 0 16241 0.00 A 183283 D Common Stock 2500 I By Son Common Stock 2500 I By Daughter Option to Purchase Common Stock 46.18 2011-02-08 4 A 0 11542 0.00 A 2021-02-08 Common Stock 11542 11542 D Represents the number of shares of common stock withheld by the issuer to cover the reporting person's tax liability associated with the vesting of 7,453 shares underlying certain restricted stock units on 2/08/2011. Represents the average of the high and low prices for the issuer's common stock on the NYSE on 2/08/2011. Represents shares of common stock underlying restricted stock units granted to the reporting person under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. Award vests in four equal annual installments commencing on the first anniversary of the grant date. Granted in consideration for service as an executive officer of the issuer. The reporting person disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest therein. The reporting person was granted the stock options under the Royal Caribbean Cruises Ltd. 2008 Equity Incentive Plan. Represents the average of the high and low prices of the issuer's common stock on the NYSE on the date of the grant. Award vests in four equal annual installments commencing on the first anniversary of the grant date. The option was granted without payment thereof as compensation for serving as an executive officer of the issuer. Bradley H. Stein, Attorney-in-Fact for Daniel J. Hanrahan 2011-02-08