A.P. Møller - Mærsk

Transaction in Own Shares • Feb 8, 2016

                              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 1
February 2016 to 5 February 2016:

                              Number of      Average      Transaction value,
                               A shares     purchase           A shares, DKK
                                             price A                        
                                         shares, DKK

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Accumulated, last announcement 98,220 918,832,359
1 February 2016 1,681 8,767.71 14,738,521
2 February 2016 2,050 8,308.13 17,031,667
3 February 2016 1,620 8,183.41 13,257,124
4 February 2016 1,288 8,380.79 10,794,458
5 February 2016 1,271 8,629.84 10,968,527

Accumulated in second 61,487 530,659,180
phase of the program

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Accumulated under the program 106,130 985,622,654

                                    Number of         Average    Transaction
                                     B shares        purchase         value,
                                                      price B  B shares, DKK
                                                  shares, DKK

---

Accumulated last announcement 390,857 3,726,023,749
1 February 2016 6,731 8,920.68 60,045,097
2 February 2016 8,208 8,479.23 69,597,520
3 February 2016 6,402 8,341.59 53,402,859
4 February 2016 5,156 8,572.73 44,200,996
5 February 2016 5,089 8,810.19 44,835,057
Accumulated in second 245,962 2,153,444,373
phase of the program

---

Accumulated under the program 422,443 3,998,105,278

With the transactions stated above, the Company owns a total of 106,130 A
shares and 507,695 B shares as treasury shares, corresponding to 2.85 % of the
share capital.

Copenhagen, 8 February 2016

Contact persons:

Head of Investor Relations, Henrik Lund, tel. +45 3363 3106

Head of Media Relations, Louise Münter, tel. +45 3363 1912

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