A.P. Møller - Mærsk

Transaction in Own Shares • Jan 4, 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 28 December 2015 to 30 December 2015:

	Number of A shares	Average purchase price A shares, DKK	Transaction value, A shares, DKK
Accumulated, last announcement	65,700		652,169,631
28 December 2015	1,435	8,779.29	12,598,281
29 December 2015	810	8,796.01	7,124,768
30 December 2015	1,640	8,855.65	14,523,266
Accumulated in second phase of the program	24,942		231,452,472
Accumulated under the program	69,585		686,415,946

	Number of B shares	Average purchase price B shares, DKK	Transaction value, B shares, DKK
Accumulated last announcement	260,643		2,644,415,900
28 December 2015	5,746	8,896.04	51,116,646
29 December 2015	3,201	8,914.20	28,534,354
30 December 2015	6,567	8,970.39	58,908,551

Accumulated in second phase of the program	99,676	938,314,546
Accumulated under the program	276,157	2,782,975,451

With the transactions stated above, the Company owns a total of 69,585 A shares and 361,409 B shares as treasury shares, corresponding to 2.00 % of the share capital.

Copenhagen, 4 January 2016

Contact persons:

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

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