New Chairman of the Board of Directors at A.P. Møller

November 18, 2003

Mærsk A/S informs that at its Board of Directors’ meeting today Mr. Mærsk Mc-Kinney Møller announced that he will retire as Chairman of the Board of A.P. Møller - Mærsk A/S December 15, 2003 and simultaneously retire from the Board.As new Chairman of the Board of Directors of A.P. Møller - Mærsk A/S Mr. Michael Pram Rasmussen was elected with effect as of that same date. The Board and Mr. Mærsk Mc-Kinney Møller consider Mr. Pram Rasmussen as especially suited for that important office.Mr. Møller will remain Chairman of The A.P. Møller and Chastine Mc-Kinney Møller Foundation, Chairman of Odense Steel Shipyard Ltd. and will remain as member of a few Boards, including Mærsk Olie og Gas AS.Mr. Møller will remain partner of the Firm of A.P. Møller and Mr. Jess Søderberg will continue as Chief Executive.

New Chairman of the Board of Directors at A.P. Møller

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