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 9 November November2015to 13November 2015:

Number of
A shares
Average purchase
price A shares, DKK
Transaction value,
A shares, DKK
Accumulated, last announcement33,127340,402,856
9 November 2015 656 10,164.53 6,667,933
10 November 2015 717 9,912.95 7,107,585
11 November 2015 666 9,942.65 6,621,802
12 November 2015 717 9,796.93 7,024,398
13 November 2015 727 9,633.70 7,003,698
Accumulated under the program36,610374,828,272
Number of
B shares
Average purchase
price B shares, DKK
Transaction value,
B shares, DKK
Accumulated last announcement130,6241,377,890,120
9 November 2015 2,708 10,461.59 28,329,980
10 November 2015 2,954 10,178.88 30,068,413
11 November 2015 2,954 10,192.44 30,108,481
12 November 2015 2,954 10,036.23 29,647,021
13 November 2015 2,659 9,858.50 26,213,744
Accumulated under the program144,8531,522,257,759

With the transactions stated above, the Company owns a total of 36,610A shares and 230,105 B shares as treasury shares, corresponding to 1,24% of the share capital.

Copenhagen, 16 November 2015


Contact persons:

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

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

Page 1 of 1

distributed by