A.P. Møller - Mærsk

Earnings Release • Feb 25, 2015

The Annual Report for 2014 for A.P. Møller - Mærsk A/S is hereby enclosed.

The Group CEO, Nils Smedegaard Andersen, states: “We are very satisfied with
the result for 2014 where we achieved the highest ever profit of USD 5.2 bn.
Despite challenging market conditions we saw good progress in underlying
performance across the Group. Maersk Line maintained its lead on the rest of
the industry and APM Terminals delivered significant improvements. Maersk
Drilling executed on fleet renewal programme according to plan, while Maersk
Oil increased entitlement production in line with expectations. APM Shipping
Services’ underlying result came in lower than expected, primarily due to the
result in Damco. With our competitive businesses and healthy balance sheet the
Group is well positioned to take advantage of opportunities materialising in a
volatile macroeconomic environment. In the continuing efforts to focus our
portfolio and share value creation with our shareholders, it has been decided
to divest our Danske Bank shares."

Contact persons:

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

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