A.P. Møller - Mærsk

AGM Information • Apr 12, 2012

                              ANNOUNCEMENT

A.P. Møller - Mærsk A/S - Development of the Annual General Meeting on 12 April
2012

The Annual General Meeting of A.P. Møller - Mærsk A/S took place on 12 April
2012 at Bella Center, Copenhagen, in accordance with the notice convening the
Annual General Meeting dated 8 March 2011.

The Board of Directors had appointed Mr. Søren Meisling, attorney-at-law, as
Chairman of the meeting.

Agenda

a) Report on the Company’s activities during the past financial year.

       The Chairman of the Board of Directors gave a presentation ofthe

Company’s activities in the previous year.

b) Submission of the audited annual report for adoption.

    The audited report was submitted and approved.

c) Resolution to grant discharge to directors.

    The General Meeting discharged the Directors from their obligations.

d) Resolution on appropriation of profit, including the amount of
dividends, or covering of loss in accordance with the adopted annual report.

    The Board’s proposal for distribution of the net result of DKK 10,477

million with DKK 4,396 million dividends to the shareholders, equivalent to DKK
1,000 per share, and DKK 6,081 million as retained earnings was approved.

e) Any requisite election of members for the Board of Directors.

       Nominee Directors Ane Mærsk Mc-Kinney Uggla, Sir John Bond, Arne

Karlsson, Jan Leschly, Lars Pallesen, John Axel Poulsen, Erik Rasmussen and
Robert Routsstood down.

       Ane MærskMc-Kinney Uggla, Sir John Bond, Arne Karlsson, Jan Leschly,

Lars Pallesen, John Axel Poulsen, Erik Rasmussen and Robert Routs were
re-elected.

f) Election of auditors.

       KPMG Statsautoriseret Revisionspartnerskab and

PricewaterhouseCoopers StatsautoriseretRevisionspartnerselskab were elected as
auditors of the Company.

g) Deliberation of any proposals submitted by the Board of Directors or by
shareholders.

1. The Board’s proposal of an amendment to the Company’s general guidelines
   concerning incentive pay of the Board of Directors and the Management Board
   of A.P. Møller - Mærsk A/S was adopted.

2. TheBoard’s proposal of adoption of a remuneration policy for the Board of
   Directors and the Management Board of A.P. Møller - Mærsk A/S was adopted.

3. Ashareholders’ proposal of a new article 4.3 to the Company’s Articles of
   Association regarding support to political parties or private individuals’
   election campaigns in Denmark was not adopted.

4. A shareholders’ proposal regarding the Company adopting a more
   environmentally friendly profile by installing two small windmills on the
   bow of one of the Company’s vessels was not adopted.

                             _____________
   

Meeting adjourned.

Contact person: Executive Vice President Lars-Erik Brenøe,tel. no. +45 33 63 36
07.