Royal Caribbean Announces Allure of the Seas Financing

MIAMI, December 21 - Royal Caribbean Cruises Ltd. (NYSE: RCL; Oslo) today announced it has
arranged commitments for unsecured financing in the amount of up to USD
1,130,000,000 or 80 percent of the contract price of Royal Caribbean
International's Allure of the Seas.

The facility will be 95 percent guaranteed by Finnvera, the official
export credit agency of Finland, and amortizes over 12 years. BNP Paribas,
Citi, Nordea Bank and SEB have each committed to provide 25 percent of the
financing and each has a seven year put option. The company has an option of
a floating or fixed rate of interest. The commitments are subject only to
customary closing conditions.

Royal Caribbean Cruises Ltd. is a global cruise vacation company that
operates Royal Caribbean International, Celebrity Cruises, Pullmantur,
Azamara Cruises and CDF Croisieres de France. The company has a combined
total of 39 ships in service and four under construction. It also offers
unique land-tour vacations in Alaska, Asia, Australia, Canada, Europe, Latin
America and New Zealand. Additional information can be found on
www.royalcaribbean.com, www.celebrity.com, www.pullmantur.es,
www.azamaracruises.com or www.rclinvestor.com.

Ian Bailey, +1-305-982-2625