DSV, 247 - Share buy-back in DSV A/S

02.07.2007
STOCK EXCHANGE ANNOUNCEMENT NO. 247

Share buy-back in DSV A/S

On 30 April 2007, DSV initiated the published share buy-back programme, cf. stock exchange announcement no. 234 of 30 April 2007. According to the programme DSV will in the period to 31. July 2007 purchase own shares for an amount of up to a maximum of DKK 400 million. The program is implemented in accordance with the ?Safe Harbour? provisions of EU regulation no. 2273/2003 of 22 December 2003. Therefore, DSV will publish the accumulated buy-backs under the programme every 7th trading day.

Trading day Number of shares bought back Average transaction price Amount DKK Accumulated for trading day 1-35 1,960,217 112.22 219,979,006 36: 22 June 2007 100,000 106.55 10,655,000 37: 25 June 2007 - 0.00 0 38: 26 June 2007 52,900 106.42 5,629,618 39: 27 June 2007 25,000 106.50 2,662,500 40: 28 June 2007 60,500 108.53 6,566,065 41: 29 June 2007 61,300 108.15 6,629,595 42: 02 July 2007 50,000 108.70 5,435,000 Accumulated for trading day 1-42 2,309,917 111.50 257,556,784

DSV's accumulated share buy-backs in the period from 30 April 2007 to 2 July 2007 thus total 2,309,917 number of shares at a total purchase sum of 257.6 DKK million

As a result of the above transactions, DSV A/S now holds a total of 6,435,527 shares of a nominal DKK 1 in DSV A/S corresponding to 3.19% of the total number of issued shares of 201,500,000. The last announcement dated 21 June 2007 stated that DSV A/S held 3.02% of the company's share capital.

Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.