Claus Aagaard named new Global Head of Aid & Relief at Damco

Claus Aagaard has been appointed Global Head of Aid & Relief in a newly
created role. Claus will assume his new duties 1 September 2010 and
ultimately be based in South Africa.

Having worked in the industry for many years, Claus Aagaard brings
extensive Aid & Relief experience with him and comes from a position as
Manager for Aid & Relief Logistics with TNT FM/Geodis Wilson.

“I look forward to being part of Damco Aid & Relief, further building on
our capabilities to meet our customers’ needs and deliver on promises. I
think Damco Aid & Relief has tremendous potential and I am proud of being
able to contribute to Damco's growth strategy in this business segment”,
Claus says.

Claus’ primary responsibility is to drive Damco’s global strategy to grow
in this industry and his direct experience with Aid & Relief, sea and air
logistics makes him well positioned to ensure a focused development and
continuous expansion of Damco’s Aid & Relief business.

Jacob Moe, Chief Commercial Officer for Damco in Africa says: “We have
ambitious plans to grow our Aid & Relief business and it has therefore been
important for us to find the right person with the correct experience and
strength we were looking for. We are very pleased that Claus saw the same
opportunities for Damco as we do and wanted to join the team”.

About Damco

Damco is the combined brand of the A.P. Moller - Maersk Group's logistics
activities. Damco offers a broad range of supply chain management and freight
forwarding services to customers all over the world, and has 10,500
employees in over 280 owned offices across 90 countries with representation
in 120 countries in Africa, Asia, Australia, North America, Europe, Middle
East, and Latin America.

In 2009, the company had a net turnover of over USD 2.0 billion, managed
more than 2.3 million TEU of ocean freight and supply chain management
volumes and air freighted more than 60,000 tonnes.
Damco is an independent business activity within the A.P. Moller - Maersk
Group. For more information, please visit www.damco.com.