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 8 September 2014 to 12 September 2014: Number of Average purchase Transaction value, A shares price A shares, A shares, DKK DKK -------------------------------------------------------------------------------- Accumulated, last 2,300 31,824,567 announcement 8 september 2014 455 14.197.70 6,459,955 9 september 2014 512 14.320.72 7,332,209 10 september 2014 680 14.292.89 9,719,166 11 september 2014 717 14.277.33 10,236,845 12 september 2014 563 14.287.78 8,044,021 Accumulated under the program 5,227 73.616.762 -------------------------------------------------------------------------------- Number of Average purchase Transaction value, B shares price B shares, B shares, DKK DKK -------------------------------------------------------------------------------- Accumulated last announcement 8,699 125,407,412 8 september 2014 1,970 14,783.31 29,123,117 9 september 2014 1,728 14,888.72 25,727,705 10 september 2014 2,339 14,886.89 34,820,439 11 september 2014 2,380 14,866.11 35,381,343 12 september 2014 2,121 14,865.00 31,528,673 Accumulated under the program 19,237 281,988,689 -------------------------------------------------------------------------------- With the transactions stated above, the Company owns a total of 5.227 A shares and 122,869 B shares as treasury shares, corresponding to 0.58% of the share capital. Copenhagen, 15 September 2014 Contact persons: Head of Investor Relations, Henrik Lund, tel. +45 3363 3106 Head of Media Relations, Louise Münter, tel. +45 3363 1912