A.P. Møller - Mærsk

Transaction in Own Shares • Oct 26, 2015

                              ANNOUNCEMENT

A.P. Møller - Mærsk A/S – Transactions in connection with share buy-back program

On 31 August 2015 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 6.7bn is to be executed during a 12-month period beginning
1 September 2015.

The following transactions have been made under the program in the period 19
October 2015 to 23 October 2015:

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

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Accumulated, last 22,688 236,911,619
announcement
19 October 2015 635 10,383.69 6,593,645
20 October 2015 615 10,239.67 6,297,395
21 October 2015 697 10,225.00 7,126,825
22 October 2015 635 10,113.42 6,422,021
23 October 2015 686 9,555.61 6,555,150
Accumulated under the program 25,956 269,906,656 *)

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*) Total accumulated transaction value was wrongly stated as DKK 54,911,619 in
the 19 Oct. 2015 announcement.
It should have been DKK 236,911,619

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

---

Accumulated last 89,507 960,280,427
announcement
19 October 2015 1,231 10,657.39 13,119,243
20 October 2015 2,790 10,503.74 29,305,429
21 October 2015 2,216 10,495.40 23,257,813
22 October 2015 2,544 10,368.45 26,377,333
23 October 2015 2,708 9,798.97 26,535,602
Accumulated under the 100,996 1,078,875,846
program

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With the transactions stated above, the Company owns a total of 25,956 A shares
and 186,248 B shares as treasury shares, corresponding to 0.98% of the share
capital.

Copenhagen, 26 October 2015

Contact persons:

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

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

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