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 25 January 2016 to 29 January 2016: Number of Average Transaction value, A shares purchase A shares, DKK price A shares, DKK -------------------------------------------------------------------------------- Accumulated, last announcement 91,243 860,883,156 25 January 2016 1,517 8,123.58 12,323,471 26 January 2016 755 8,131.20 6,139,056 27 January 2016 1,733 8,236.78 14,274,340 28 January 2016 1,537 8,359.33 12,848,290 29 January 2016 1,435 8,616.06 12,364,046 Accumulated in second 53,577 463,868,885 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 98,220 918,832,359 -------------------------------------------------------------------------------- Number of Average Transaction B shares purchase value, price B B shares, DKK shares, DKK -------------------------------------------------------------------------------- Accumulated last announcement 362,702 3,488,666,898 25 January 2016 5,746 8,259.14 47,457,018 26 January 2016 4,432 8,283.31 36,711,630 27 January 2016 5,664 8,336.80 47,219,635 28 January 2016 6,567 8,491.66 55,764,731 29 January 2016 5,746 8,737.18 50,203,836 Accumulated in second 214,376 1,881,362,844 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 390,857 3,726,023,749 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 98,220 A shares and 476,109 B shares as treasury shares, corresponding to 2.67 % of the share capital. Copenhagen, 1 February 2016 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