Maersk Mc-Kinney Moller Passes Away

We are sorry to have to inform you that partner and shipowner Maersk Mc-Kinney Møller has passed away on April 16, 2012, said Chairman Michael Pram Rasmussen Monday in a press statement.

Ane Maersk Mc-Kinney Uggla states: "On behalf of the entire family, I wish to express our deep sorrow at the loss of our father, grandfather and great grandfather, Maersk Mc-Kinney Møller. My sisters and I have lost a father who never failed neither his family nor his business.

"We are grateful that our father lived a long and eventful life. In his never failing wish to do good, together with many and great initiatives, he has left a significant mark on our time.

"On this day, I am compelled to give thanks to all current and previous employees of the A.P. Moller - Maersk Group for the loyalty, which has been shown to our father throughout the years. Let us respect his memory. "Maersk Mc-Kinney Møller became joint owner of the company "Firmaet A.P. Møller" in 1940. Since his father's death in 1965, he was director and chairman of the most important companies in the A.P. Moller - Maersk Group. Maersk Mc-Kinney Møller undertook the daily management until 1993 and became chairman of A.P. Møller – Maersk A/S until 2003.

"With the death of Maersk Mc-Kinney Møller, the A.P. Moller - Maersk Group has lost a businessman of international format and the man who, if any, can take credit for the Group being among the world's leading and Denmark's undisputed largest business with activities in a number of areas such as shipping, oil and retail.Will and energy characterized Maersk Mc-Kinney Møller's endeavors. Foresight, careful preparation and a never failing commitment created the significant international business that the A.P. Moller - Maersk Group is today. Maersk Mc-Kinney Møller was famous for his business talent and his visions and he took and supported initiatives that brought prosperity and growth to countries all over the world – including Denmark."

At the time of his death, Maersk Mc-Kinney Møller was Chairman of the Board of the A.P. Møller and Chastine Mc-Kinney Møller Foundation, the A.P. Møller Relief Foundation, and the Maersk Employee Foundation, all of which are significant shareholders of A.P. Møller - Maersk A/S.


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