Arbiter Partners Capital Management LLC

Holdings History for CARNIVAL CORP - Trust Shares (beneficial interest in Special Voting Share) (CCL)

Symbol: CCL on NYSE
Investment type: Equity / Trust Shares (beneficial interest in Special Voting Share)

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Option	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
31 Mar 2016			-0.13%	$0	0	-9,000	-100%	$32.60	Q1 2016
31 Dec 2015		0.13%	0%	$490,000	9,000	0		$54.44	Q4 2015
30 Sep 2015		0.12%	-0.28%	$447,000	9,000	-21,000	-70%	$49.67	Q3 2015
30 Jun 2015		0.39%	-0.2%	$1,482,000	30,000	-15,000	-33%	$49.40	Q2 2015
30 Jun 2015	call		-3.4%	$0	0	-590,000	-100%	$32.60	Q2 2015
31 Mar 2015		0.66%	0%	$2,153,000	45,000	0		$47.84	Q1 2015
31 Mar 2015	call	3.4%	0%	$28,226,000	590,000	0		$47.84	Q1 2015
31 Dec 2014		0.56%	0%	$2,040,000	45,000	0		$45.33	Q4 2014
31 Dec 2014	call	3.7%	-0.63%	$26,745,000	590,000	-100,000	-14%	$45.33	Q4 2014
30 Sep 2014		0.52%	0%	$1,808,000	45,000	0		$40.18	Q3 2014
30 Sep 2014	call	4.1%	0%	$27,717,000	690,000	0		$40.17	Q3 2014
30 Jun 2014		0.48%	+0.48%	$1,694,000	45,000	+45,000	NEW	$37.64	Q2 2014
30 Jun 2014	call	3.9%	+3.9%	$25,978,000	690,000	+690,000	NEW	$37.65	Q2 2014

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.