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. During the second phase of the program running from 1 December 2015 to 31 March 2016, the Company will buy-back A and B shares for an amount of up to DKK 4,400 mill. The following transactions have been made under the program in the period 30 November November 2015 to 4 December 2015: Number of Average Transaction value, A shares purchase A shares, DKK price A shares, DKK -------------------------------------------------------------------------------- Accumulated, last announcement 43,823 446,422,559 30 November 2015 820 10,415.75 8,540,915 1 December 2015 1,251 10,584.61 13,241,347 2 December 2015 1,415 10,339.01 14,629,699 3 December 2015 820 10,111.28 8,291,250 4 December 2015 1,230 9,886.56 12,160,469 Accumulated in second 4,716 48,322,765 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 49,359 503.286.239 -------------------------------------------------------------------------------- Number of Average Transaction B shares purchase value, price B B shares, DKK shares, DKK -------------------------------------------------------------------------------- Accumulated last announcement 173,034 1,807,999,648 30 November 2015 3,447 10,635.70 36,661,258 1 December 2015 4,575 10,807.05 49,442,254 2 December 2015 6,238 10,528.32 65,675,660 3 December 2015 3,283 10,304.79 33,830,626 4 December 2015 4,925 10,061.51 49,552,937 Accumulated in second 19,021 198,501,477 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 195,502 2,043,162,382 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 49,359 A shares and 280,754 B shares as treasury shares, corresponding to 1.53 % of the share capital. Copenhagen, 7 December 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