A.P. Møller - Mærsk

Transaction in Own Shares • Oct 6, 2014

                              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.

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 29
September 2014 to 3 October 2014:

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

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Accumulated, last 11,132 158,040,743
announcement
29 September 2014 615 13,770.33 8,468,755
30 September 2014 418 13,607.45 5,687,915
1 October 2014 518 13,496.28 6,991,075
2 October 2014 621 13,169.57 8,178,304
3 October 2014 246 13,389.83 3,293,899
Accumulated under the program 13,550 190,660,691

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

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Accumulated last announcement 43,830 647,182,318
29 September 2014 2,298 14,185.55 32,598,394
30 September 2014 1,970 14,028.80 27,636,736
1 October 2014 2,052 13,956.35 28,638,434
2 October 2014 2,626 13,592.66 35,694,315
3 October 2014 1,149 13,810.54 15,868,314
Accumulated under the program 53,925 787,618,511

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With the transactions stated above, the Company owns a total of 13,550 A shares
and 156,767 B shares as treasury shares, corresponding to 0.77% of the share
capital.

Copenhagen, 6 October 2014

Contact persons:

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

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