Small-Ship Cruises in the Med & Black Sea While Princess Cruises is known for its large fleet of mostly large ships (the 17th ship, the 3,600-passenger Royal Princess® debuts in June 2013), it also offers The Small Ships of Princess® for a more classic, less hurried, primarily-adult cruise experience. Join the Pacific Princess® for an intimate voyage in the Mediterranean or Black Sea this fall. BLACK SEA & CRIMEAN COASTS Pacific Princess® 12 Nights • Departs October 3, 2012 Itinerary:  Athens (Piraeus), Greece • Istanbul, Turkey overnight • Constanta, Romania • Odessa, Ukraine • Yalta, Ukraine • Nessebar, Bulgaria • Santorini, Greece • Sorrento, Italy (for Capri & Pompeii) • Rome (Civitavecchia), Italy Complimentary Virtuoso Exclusive: $75 onboard credit and a tray of chocolate covered strawberries per stateroom Virtuoso Oceanview fares from $1,595 per person MEDITERRANEAN COLLECTION Pacific Princess® 12 Nights • Departs October 15, 2012 Itinerary:  Rome (Civitavecchia), • Portofino, Italy • Nice, France • Sorrento, Italy (for Capri & Pompeii) • Sicily (Messina), Italy • Valletta, Malta • Corfu, Greece • Kotor, Montenegro • Korcula, Croatia • Venice, Italy overnight Complimentary Virtuoso Exclusive: $25 onboard credit per stateroom Virtuoso Oceanview fares from $1,595 per person BLACK SEA & CRIMEAN COASTS II Pacific Princess® 12 Nights • Departs November 8, 2012 Itinerary:  Athens (Piraeus), Greece • Volos, Greece • Yalta, Ukraine • Odessa, Ukraine • Constanta, Romania • Nessebar, Bulgaria • Istanbul, Turkey overnight • Koper, Slovenia • Venice, Italy Complimentary Virtuoso Exclusive: $75 onboard credit and a tray of chocolate covered strawberries per stateroom Virtuoso Oceanview fares from $1,595 per person Now there are two more fun reasons to sail with Princess: Zumba®, the exhilarating dance fitness program, and Glee@Sea, based on the hit TV shows "Glee" and "The Choir."

Pacific Princess: Ship Highlights One of Princess's two small ships, catering to just 680 guests Two specialty restaurants: Sterling SteakhouseSM and Sabatini'sSM Cabaret Lounge Casino Lotus Spa®, gym and fitness area Golf practice cage Jogging track Pool and two hot tubs ScholarShip@Sea® World-class art collection, gallery and auctions

Oceanview rates for above sailings are from $1595, category F, rate code RDC. Fares are per person, non-air, cruise-only, based on double occupancy and apply to the first two passengers in a stateroom. These fares do not apply to singles or third/fourth-berth passengers. Oceanview stateroom may have an obstructed view. Government fees and taxes of up to $120 per person are additional, and are subject to change. Princess reserves the right to impose a Fuel Supplement of up to $9 per person per day on all passengers if the NYMEX oil price exceeds $70 per barrel, even if the fare has already been paid in full. This offer is capacity controlled and may not be combinable with any other public, group or past passenger discount, including onboard credits. Offer is not transferable and is available to residents of the 50 United States, Canada, Puerto Rico, Mexico and the District of Columbia who are 21 years of age or older and receive this offer. Fares quoted in U.S. dollars. Please refer to the applicable Princess Cruises brochure or princess.com for terms, conditions and definitions that apply to all bookings. ©2012 Princess Cruises. Ships of Bermudan registry. Fares, schedules, Virtuoso exclusives, events and amenities are subject to availability and blackout dates and may change without notice. Unless otherwise stated, prices are in U.S. dollars, per person and based on double occupancy. Restrictions may apply. See your Virtuoso travel advisor for more details and applicable restrictions. Virtuoso is not responsible for any errors in pricing. The trademarks VIRTUOSO, the Globe Swirl Logo, SPECIALISTS IN THE ART OF TRAVEL and ORCHESTRATE DREAMS are registered trademarks of Virtuoso, Ltd. Virtuoso, Ltd. has a U.S. copyright registration for the Globe Swirl Logo, ©2000. All rights reserved. Virtuoso CST#2069091-50 351225 05/12