DSV, 249 - Share buy-back in DSV A/S

23.07.2007
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 1-49	    2,716,417 	112.00	304,239,229
50: 12 July 2007	      75,000 	117.67	8,825,250
51: 13 July 2007	      70,500 	119.55	8,428,275
52: 16 July 2007	      60,000 	121.83	7,309,800
53: 17 July 2007	      80,000 	121.92	9,753,600
54: 18 July 2007	      60,000 	120.70	7,242,000
55: 19 July 2007	      70,000 	122.78	8,594,600
56: 20 July 2007	      70,000 	122.82	8,597,400
Accumulated for trading day 1-56	 3,201,917 	113.37	362,990,154

DSV's accumulated share buy-backs in the period from 30 April 2007 to 20 July
2007 thus total 3,201,917 number of shares at a total purchase sum of 363.0 DKK
million 

As a result of the above transactions, DSV A/S now holds a total of 7,327,527
shares of a nominal DKK 1 in DSV A/S corresponding to 3.64% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 12 July 2007 stated that DSV A/S held 3.40% 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	
CEO	CFO