ANNOUNCEMENT

A.P. Møller - Mærsk A/S - Transactions in connection with share buy-back program

On 31 August 2015 A.P. Møller - Mærsk A/S (the Company) announced first phase of a share buy-back program in compliance with the EU Commission Regulation no. 2273/2003 of 22 December 2003 (the Safe Harbour regulation). The share buy-back program of up to DKK 6.7bn is to be executed during a 12-month period beginning 1 September 2015.

The following transactions have been made under the program in the period 16 November November2015to 13November 2015:

Number of
A shares
Average purchase
price A shares, DKK
Transaction value,
A shares, DKK
Accumulated, last announcement36,610374,828,272
16 November 2015 727 9,707.71 7,057,506
17 November 2015 563 9,814.64 5,525,640
18 November 2015 738 9,781.67 7,218,870
19 November 2015 738 9,943.47 7,338,282
20 November 2015 758 9,818.36 7,442,321
Accumulated under the program40,134409,410,891
Number of
B shares
Average purchase
price B shares, DKK
Transaction value,
B shares, DKK
Accumulated last announcement144,8531,522,257,759
16 November 2015 2,659 9,932.24 26,409,816
17 November 2015 2,134 10,041.35 21,428,249
18 November 2015 2,790 9,998.65 27,896,246
19 November 2015 2,954 10,158.29 30,007,594
20 November 2015 2,790 10,008.95 27,924,971
Accumulated under the program158,1801,655,924,634

With the transactions stated above, the Company owns a total of 40,134A shares and 243,432 B shares as treasury shares, corresponding to 1.32 % of the share capital.

Copenhagen, 23 November 2015


Contact persons:

Head of Investor Relations, Henrik Lund, tel. +45 3363 3106

Head of Media Relations, Louise Münter, tel. +45 3363 1912

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