ANNOUNCEMENT

A.P. Møller - Mærsk A/S — Change of management

 Firmaet A.P. Møller, a Danish partnership, is the registered management of A.P. Møller - Mærsk A/S. Today, the Board of Directors has decided that Firmaet A.P. Møller shall step down as management on 1 January 2013. On the same date the current members of the Executive Board, Nils Smedegaard Andersen, Claus V. Hemmingsen, Søren Skou, Trond Westlie, Kim Fejfer and Jakob Thomasen will be registered as Management of A.P. Møller - Mærsk A/S.

For further information about the individual members of management, please see the enclosed appendix.

Copenhagen, 13 August 2012

Contact person: Executive Vice President Lars-Erik Brenøe, tel.: +45 3363 3607.

 APPENDIX

Nils S. Andersen

Group CEO of the A.P. Moller — Maersk Group

Education: MSc in Economics

Other current management duties etc.:

Industria De Diseño Textil, S.A. (Inditex); Danske Banks Rådgivende Repræsentantskab.

Previous management duties etc.:

CEO for Carlsberg A/S/Carlsberg Breweries A/S.

Claus V. Hemmingsen

CEO of Maersk Drilling and overall responsibility for Maersk FPSOs, Maersk LNG, Maersk Supply Service, Maersk Tankers and Svitzer A/S.

Education: A.P. Moller's Shipping Education; Executive MBA from IMD

Other current management duties etc.:

International Association of Drilling Contractors (IADC); Danish Chinese Business Forum; Danmarks Rederiforening (vice chairman); DFDS A/S (vice chairman); Denmark Hong Kong Trade Assc (chairman); EU-Hong Kong Business Coordination Committee.

Søren Skou

CEO of Maersk Liner Business 

Education: A.P. Moller's Shipping Education; Graduate Diploma in Commerce; MBA from IMD

Other current management duties etc.:

International Council of Containership Operators (ICCO).

Jakob Bo Thomasen

CEO of Maersk Olie og Gas A/S

Education: Master's degree in Geology

Other current management duties etc.:

Board member of Dansk Arbejdsgiverforening.

Trond Ødegård Westlie

CFO of the A.P. Moller — Maersk Group

Education: State-Authorised Public Accountant

Other current management duties etc.:

Danske Bank A/S; Danmarks Skibskredit A/S; Subsea 7 Ltd.

Previous management duties etc.:

Executive Vice President and CFO of the Telenor Group.

Kim Fejfer

CEO of APMM Terminals and overall responsibility for DAMCO and Maersk Container Industry

Education: MSc in Economics and officer of the reserve