Trond Westlie will take up the position as Group CFO of A.P. Møller - Mærsk A/S on 1 January 2010. He will become a member of the Executive Board of the A.P. Moller - Maersk Group.

Trond Westlie, 48, comes from a position as Executive Vice President and CFO of Telenor Group, Norway. Before joining Telenor in 2004, he was Executive Vice President and Group CFO of Aker Kværner for a number of years.

Trond Westlie brings extensive international experience within business development and in dealing with external stakeholders, combined with strong management skills.

Group CEO of the A.P. Moller - Maersk Group, Nils S. Andersen: “Trond has a proven track-record as CFO of Telenor and before that of Aker Kværner where he in both cases demonstrated strong leadership and professional skills. He has experience from asset intensive industries and has worked with the offshore and energy sectors as well as shipbuilding and the maritime industry. Trond has a strong background and I look forward to welcoming him to the A.P. Moller – Maersk Group”.

The new Group CFO, Trond Westlie, says: “The A.P. Moller - Maersk Group is a company with a long and proud history. I look forward to working together with the many talented people in the organisation and contributing to the future development of the A.P. Moller - Maersk Group”.

As of 1 January 2010, the Executive Board of the A.P. Moller - Maersk Group will consist of Nils S. Andersen, Claus V. Hemmingsen, Eivind Kolding, Søren Skou, Jakob Thomasen and Trond Westlie.

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