DSV, 248 - Share buy-back in DSV A/S

12.07.2007
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 1-42	    2,309,917 	111.50	257,556,784
43: 03 July 2007	        50,000 	111.50	5,575,000
44: 04 July 2007	        55,000 	114.27	6,284,850
45: 05 July 2007	        58,500 	114.91	6,722,235
46: 06 July 2007	        70,000 	115.04	8,052,800
47: 09 July 2007	        43,000 	116.22	4,997,460
48: 10 July 2007	        65,000 	115.40	7,501,000
49: 11 July 2007	        65,000 	116.14	7,549,100
Accumulated for trading day 1-49	    2,716,417 	112.00	304,239,229

DSV's accumulated share buy-backs in the period from 30 April 2007 to 11 July
2007 thus total 2,716,417 number of shares at a total purchase sum of 304.2 DKK
million 

As a result of the above transactions, DSV A/S now holds a total of 6,842,027
shares of a nominal DKK 1 in DSV A/S corresponding to 3.40% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 2 July 2007 stated that DSV A/S held 3.19% of the
company's share capital. 

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

Yours sincerely
DSV


Kurt K. Larsen	Jens H. Lund	
Managing Director	CFO