A.P. Møller - Mærsk

Director's Dealing • Mar 3, 2014

                              ANNOUNCEMENT

Report of transactions in A.P. Møller - Mærsk A/S shares of managerial staff
and connected persons.

Pursuant to section 28(a) of the Danish Securities Trading Act A.P. Møller -
Mærsk A/S shall report the transactions in A.P. Møller - Mærsk A/S shares of
managerial staff and connected persons:

Name: Søren Skou

Reason: Member of Management of A.P. Møller – Mærsk A/S.

Issuer: A.P. Møller - Mærsk A/S

ISIN code: DK 00102444508

Type: A.P. Møller - Mærsk B

Transaction: Exercise of share options

Exercise date: 28 February 2014

Number: 277

Exercise price: DKK 27,237.00 per share, Total DKK 7,544,649.00

                                  ***

Transaction: Sale

Trading date: 3 March 2014

Market: Nasdaq OMX Copenhagen A/S

Number: 150

Market price: DKK 9,589,648.50

                                  ***

Contact: Lars-Erik Brenøe, tel. +45 33 63 36 07

Copenhagen, March 3, 2014

A.P. Møller - Mærsk A/S