ANNOUNCEMENT A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program On 29 August 2014 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 5.6bn (equivalent to approximately USD 1bn) is to be executed during a 12-month period beginning 1 September 2014. The purpose of the share buy-back program is to adjust the capital structure of the Company and to meet the obligations arising from sharebased incentive programs. During the first phase of the program running from 1 September 2014 to 30 November 2014, the Company will buy-back A and B shares for an amount of up to DKK 2,280 mill. (equivalent to approximately USD 400 mill.). The following transactions have been made under the program in the period 1 September 2014 to 5 September 2014: Number of Average purchase Transaction value, A shares price A shares, A shares, DKK DKK -------------------------------------------------------------------------------- Accumulated, last 0 0 announcement 1 September 2014 418 13,601.81 5,685,558 2 September 2014 682 13,768.23 9,389,932 3 September 2014 444 13,895.07 6,169,411 4 September 2014 389 13,939.53 5,422,476 5 September 2014 367 14,052.29 5,157,191 Accumulated under the program 2,300 31,824,568 -------------------------------------------------------------------------------- Number of Average purchase Transaction value, B shares price B shares, B shares, DKK DKK -------------------------------------------------------------------------------- Accumulated last announcement 0 0 1 September 2014 1,658 14,164.58 23,484,881 2 September 2014 2,165 14,362.65 31,095,128 3 September 2014 1,594 14,469.13 23,063,801 4 September 2014 1,641 14,472.61 23,749,553 5 September 2014 1,641 14,633.79 24,014,049 Accumulated under the program 8,699 125,407,412 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 2,300 A shares and 113,176 B shares as treasury shares, corresponding to 0.53% of the share capital. Copenhagen, 8 September 2014 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