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 4 January 2016 to 8 January 2016: Number of Average Transaction value, A shares purchase A shares, DKK price A shares, DKK -------------------------------------------------------------------------------- Accumulated, last announcement 69,585 686,415,946 4 January 2016 1,394 8,800.99 12,268,580 5 January 2016 1,312 8,838.55 11,596,178 6 January 2016 1,353 8,703.64 11,776,025 7 January 2016 1,148 8,297.86 9,525,943 8 January 2016 2,255 8,119.18 18,308,751 Accumulated in second 32,404 294,927,949 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 77,047 749,891,423 -------------------------------------------------------------------------------- Number of Average Transaction B shares purchase value, price B B shares, DKK shares, DKK -------------------------------------------------------------------------------- Accumulated last announcement 276,157 2,782,975,451 4 January 2016 5,582 8,911.16 49,742,095 5 January 2016 5,254 8,955.00 47,049,570 6 January 2016 5,253 8,816.31 46,312,076 7 January 2016 4,597 8,394.93 38,591,493 8 January 2016 9,029 8,213.31 74,157,976 Accumulated in second 129,391 1,194,167,757 phase of the program -------------------------------------------------------------------------------- Accumulated under the program 305,872 3,038,828,662 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 77,047 A shares and 391,124 B shares as treasury shares, corresponding to 2.17% of the share capital. Copenhagen, 11 January 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