A.P. Møller - Mærsk

Transaction in Own Shares • Oct 12, 2015

                              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.

The following transactions have been made under the program in the period 5
October 2015 to 9 October 2015:

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

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Accumulated, last 16,222 168,462,541
announcement
5 October 2015 615 10,145.50 6,239,483
6 October 2015 697 10,139.85 7,067,477
7 October 2015 666 10,646.15 7,090,338
8 October 2015 615 10,692.27 6,575,744
9 October 2015 615 11,036.00 6,787,140
Accumulated under the program 19,430 202,222,723

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

---

Accumulated last announcement 64,706 690,945,053
5 October 2015 2,954 10,409.31 30,749,105
6 October 2015 2,298 10,401.39 23,902,401
7 October 2015 2,462 10,945.59 26,948,034
8 October 2015 2,462 10,999.48 27,080,720
9 October 2015 2,298 11,338.82 26,056,612
Accumulated under the program 77,180 825,681,925

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With the transactions stated above, the Company owns a total of 19,430 A shares
and 162,432 B shares as treasury shares, corresponding to 0.84% of the share
capital.

Copenhagen, 12 October 2015

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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