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. 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 22 September 2014 to 26 September 2014: Number of Average purchase Transaction value, A shares price A shares, A shares, DKK DKK -------------------------------------------------------------------------------- Accumulated, last 7,824 111,015,092 announcement 22 September 2014 379 14,597.08 5,532,294 23 September 2014 980 14,475.77 14,186,259 24 September 2014 846 14,086.63 11,917,293 25 September 2014 533 13.917,12 7,417,823 26 September 2014 570 13,985.94 7,971,983 Accumulated under the program 11,132 158,040,743 -------------------------------------------------------------------------------- Number of Average purchase Transaction value, B shares price B shares, B shares, DKK DKK -------------------------------------------------------------------------------- Accumulated last announcement 30,703 454,127,677 22 September 2014 2,462 15,141.14 37,277,487 23 September 2014 3,037 15,008.06 45,579,493 24 September 2014 3,201 14,560.44 46,607,955 25 September 2014 2,216 14,299.96 31,688,702 26 September 2014 2,211 14,428.31 31,901,004 Accumulated under the program 43,830 647,182,318 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 11,132 A shares and 146,752 B shares as treasury shares, corresponding to 0.72% of the share capital. Copenhagen, 29 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