Danske Bank and Nordea Bank Danmark agree to purchase interests of respectively 15 % and 10 % in Royal P&O Nedlloyd NV, and at the same time A.P. Møller - Mærsk A/S has entered into agreements with Danske Bank and Nordea Bank Danmark on call and put options regarding the same interests In continuation of the public announcements in May and June 2005, latest 21 June 2005 regarding the public offer by A.P. Møller - Mærsk A/S for all ordinary shares in the capital of Royal P&O Nedlloyd NV, A.P. Møller Mærsk A/S hereby announces that The Peninsular and Oriental Steam Navigation Company has sold 6,095,363 shares in Royal P&O Nedlloyd NV to Danske bank equivalent to 15 % of the entire issued share capital and 4,063,575 shares to Nordea Bank Danmark equivalent to 10 % of the entire issued share capital of Royal P&O Nedlloyd NV, both as nominated purchasers at a purchase price equal to the price per share offered by A.P. Møller Mærsk A/S in the aforementioned public offer minus a discount due to the fact that the purchase occurs prior to the expected completion of the offer in case the offer is declared unconditional, and that A.P. Møller - Mærsk A/S has entered into agreements with Danske Bank and Nordea Bank Danmark respectively whereby A.P. Møller - Mærsk A/S has call options and Danske Bank and Nordea Bank Danmark have put options in relation to the shares in Royal P&O Nedlloyd NV acquired by the banks. The call and put options are exercisable with effect from the expected Settlement Date of the public offer for all shares in the capital of Royal P&O Nedlloyd NV set out in the Offer Memorandum dated 10 June 2005. The option price which A.P. Møller - Mærsk A/S will pay upon the put and call options being exercised is equal to the price per share paid by Danske Bank and Nordea Bank Danmark to The Peninsular and Oriental Steam Navigation Company.

Contact person: Executive Vice President and COO Maersk Sealand Vagn Lehd Møller, tel. + 45 33 63 55 62. Copenhagen, 29 June 2005 Page 1 of 1 Announcement - Danske Bank and Nordea Bank Danmark agree to purchase interests of respectively 15 % and 10 % in Royal P&O Nedlloyd NV, and at the same time A.P. Møller - Mærsk A/S has entered into agreements with Danske Bank and Nordea Bank Danmark on call and put options regarding the same interests - A.P. Møller - Mærsk A/S