that the Carnival proposal is not as favorable financially to P&O Princess shareholders and would face greater execution risk than the transaction with Royal Caribbean.

The board continues to believe that the price offered by Carnival does not fairly reward shareholders for the value that would be created by Carnival and its shareholders from the integration of P&O Princess into Carnival,

This is the first time such a tragedy has occurred during the history of our company, and we are devastated by this incident. Our heartfelt thoughts and prayers are with those affected by the fire.

If you were to go back 20 years ago, the ships were trans-Atlantic liners, and people thought they'd be bored or confined on the ship.

[The] certificate of authenticity ... The work of art described on this certificate is an authentic limited edition print, executed and signed by the artist named (Pablo Picasso) and guaranteed as represented herein. The printing is of the highest quality. This is to certify that BLOCH 1509 is a limited edition ETCHING by the artist PABLO PICASSO . Date: December 15, 2003 Authorized Signature: MARK BRONSON, PRINCESS CRUISES FINE ARTS

We purchased this and other artwork during our cruise vacations over the years either from Princess Cruises or their parent company Carnival Corporation. I don't even know anymore if any of the artwork they sold us is original or they are worth anything. As far as I'm concerned they might all be worthless fake pieces of colored paper. I won't be surpised if these cruise ship art auctions with cheap glasses of champagne turn out to be a big multi million dollar scam.