ANNOUNCEMENT

Report of transactions in A.P. Møller - Mærsk A/S shares of managerial staff and connected persons.

Pursuant to section 28(a) of the Danish Securities Trading Act A.P. Møller - Mærsk A/S shall report the transactions in A.P. Møller - Mærsk A/S shares of managerial staff and connected persons:

Name:                         Claus Michael Valentin Hemmingsen

Reason:                        Member of management of A.P. Møller - Mærsk A/S

Issuer:                         A.P. Møller - Mærsk A/S

ISIN code:                     DK 00102444508

Type:                           A.P. Møller - Mærsk B

Transaction:                  Exercise of share options

Exercise date:                28 February 2014

Number:                       277

Exercise price:               DKK    27,237.00 per share, in total DKK 7,544,649.00

Contact:                       Lars-Erik Brenøe, tel. +45 33 63 36 07

Copenhagen, March 3, 2014

A.P. Møller - Mærsk A/S

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