1. 2011 State of the Cruise Industry Michael Crye Executive Vice President Cruise Line International Association October 12, 2011

2. 26 CLIA Member Lines Executive Partners: Cruise Newfoundland; Labrador and Corner Brook Port Corporations; The St. John's Port Authority; Cruise the St. Lawrence Association; Halifax Port Authority; Port of Sydney; Saguenay Port Authority; he Port of Saint John-New Brunswick Canada; and Tourism Quebec.

3. Celebrating a History of Passenger Growth Over the Years Average Passenger Growth Rate 1980-2010: +7.5%

5. New CLIA Ships: 2008–2011

6. 2011 New Ships = $4.6 billion Investment

7. Canada/New England Cruise Market

12. ECA UPDATE

13. North American Emission Control Area

14. ECA Requirements

19. Population/Distance Weighted Averaging Significant emission reduction benefits: ship close to shore and population centers Limited emission reduction benefits: ship far from shore and major population centers High Emissions Weighting Factor Low Emissions Weighting Factor Voyage Segment A Voyage Segment B

21. [email_address] DISCUSSION AND QUESTIONS?