A.P. Møller - Mærsk — M&A Activity 2017

Mar 14, 2017

                              ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Maersk Line A/S to acquire Hamburg Süd – Sale and
Purchase Agreement signed

On 1 December 2016 A.P. Møller - Mærsk A/S announced that its subsidiary Maersk
Line A/S (Maersk Line) and the Oetker Group had reached an agreement for Maersk
Line to acquire the German container shipping line Hamburg Südamerikanische
Dampfschifffahrts-Gesellschaft KG (Hamburg Süd). The acquisition was subject to
final agreement and regulatory approvals.

Today, the parties have signed a Sale and Purchase Agreement. The agreement is
subject to board approvals, which are expected during Q2 2017 following which
further details in respect of the acquisition will be communicated.

Maersk Line still expects to close the transaction end 2017.

Copenhagen, 14 March 2017

Contact persons:

Head of Investor Relations, Stig Frederiksen, tel. +45 33633106

Press Officer, Mikkel Linnet, tel. +45 3363 8515

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