Divestment of Roulunds Braking (DK) to MAT Automative, Inc. (US) by A.P. Møller – Mærsk A/S (DK) — Amount not disclosed.

Carnegie acted as adviser to A.P. Møller – Mærsk A/S in the divestment of Roulunds Braking to MAT Automotive, Inc., a privately held US-based supplier of automotive components. Roulunds Braking manufactures and markets a full range of automotive friction material – as well as backing plates and shims – for the European and Asian vehicle industry and after markets. September, 2003.