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Royal Caribbean Orders Third Oasis-Class Vessel

               Royal Caribbean Orders Third Oasis-Class Vessel

  PR Newswire

  MIAMI, Dec. 27, 2012

MIAMI, Dec. 27, 2012 /PRNewswire/ --Royal Caribbean Cruises Ltd. (NYSE, OSE:
RCL) announced today that it has executed a contract with STX France to
construct a third Oasis-class vessel for delivery in mid-2016. This order is
consistent with the plan announced by the company in October to build a
sister-ship to the very successful Oasis of the Seas and Allure of the Seas .

"The Oasis of the Seas and Allure of the Seas have fundamentally transformed
the cruise experience for our guests," said Richard D. Fain, chairman and
chief executive officer of Royal Caribbean Cruises Ltd. "These ships have
consistently generated outstanding guest satisfaction ratings and continue to
produce superior financial results. We are thrilled to be adding a sister to
this extraordinary class of vessels at a compelling price. Being back
building in France just adds to the pleasure."

"STX France is proud to partner with Royal Caribbean again and continue our
decades-long relationship by building the third Oasis-class ship," said
Laurent Castaing, chief executive officer of STX France. "Royal Caribbean has
always been an important part of our shipyard's success, and we are delighted
to add this highly innovative and spectacular ship to the list of vessels we
have built together."

The newbuild contract includes the transfer of Pullmantur's Atlantic Star as
part of the consideration. Additionally, the contract is subject to
satisfaction of financing and other conditions. STX France has also provided
the company with a one-year option for the mid-year 2018 delivery of a fourth
Oasis-class vessel at similar pricing. 

Including today's contract and existing ship orders, projected capital
expenditures for 2012, 2013, 2014, 2015 and 2016 are $1.3 billion, $700
million, $1.2 billion, $1.2 billion and $1.3 billion, respectively. The
company's annualized capacity growth rate from 2012 to 2016 remains at a
historically low rate of 3.5%.

Oasis of the Seas and Allure of the Seas are the largest and most
revolutionary cruise ships in the world. Architectural marvels at sea, they
span 16 decks, encompass 225,282 gross registered tons, carrying 5,400 guests
at double occupancy, and feature 2,700 staterooms. The ships sail weekly from
their home port of Port Everglades in Fort Lauderdale, Florida.

Oasis of the Seas and Allure of the Seas debuted in November 2009 and November
2010 respectively, introducing a range of unique industry "firsts" and
engineering marvels including a neighborhood concept – seven themed areas
providing guests with the opportunity to seek out relevant experiences based
on their personal style, preference or mood. Within these seven neighborhoods
– Central Park, Boardwalk, the Royal Promenade, Pool and Sports Zone, Vitality
at Sea Spa and Fitness Center, Entertainment Place and Youth Zone – are
extraordinary elements such as the first park at sea, a thrilling zip line
that races diagonally nine-decks above an open-air atrium, an original
handcrafted carousel, 28 multilevel urban-style loft suites boasting
floor-to-ceiling windows, an aquatic amphitheater – called the AquaTheater
that serves as a pool by day and a dazzling ocean front theater by night; and
an array of epicurean innovations that allow for new culinary experiences each
day of a guest's cruise vacation.

"As the cruise line that revolutionized the industry with the FlowRider surf
simulator, ice-skating rinks, cantilevered whirlpools and rock climbing walls,
we are eager to add this third award winning Oasis-class ship to our brand
portfolio. This addition will allow us to showcase our legacy of innovation
and imagination to even more guests around the world," said Adam Goldstein,
president and chief executive officer of Royal Caribbean International.

With the success of the Oasis-class ships, Royal Caribbean International is
currently undergoing a fleetwide revitalization program to bring the latest
innovations and the highest guest-rated programs from Oasis of the Seas and
Allure of the Seas to the cruise line's ships across the fleet.

Royal Caribbean Cruises Ltd. (NYSE,OSE: RCL) is a global cruise vacation
company that owns Royal Caribbean International, Celebrity Cruises,
Pullmantur, Azamara Club Cruises and CDF Croisieres de France, as well as TUI
Cruises through a 50 percent joint venture. Together, these six brands
operate a combined total of 41 ships with four under construction. They
operate diverse itineraries around the world that call on approximately 460
destinations on all seven continents. Additional information can be found on
www.royalcaribbean.com , www.celebritycruises.com , www.pullmantur.es ,
www.azamaraclubcruises.com , www.cdfcroisieresdefrance.com or
www.rclinvestor.com .

Website: http://www.royalcaribbean.com
Contact: Ian Bailey, ibailey@rccl.com, +1-305-982-2625; Tracy Quan,
tquan@rccl.com, +1-305-539-6577
 
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