DSV, 268 - Share buy-back in DSV A/S

09.11.2007
STOCK EXCHANGE ANNOUNCEMENT NO. 268

Share buy-back in DSV A/S

On 1 November 2007, DSV initiated the published share buy-back programme, cf.
stock exchange announcement no. 266 of 31 October 2007.  According to the
programme DSV will in the period to 29 February 2008 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
1: 1 November 2007	        45,000 	133.40	6,003,189
2: 2 November 2007	        35,000 	130.97	4,583,950
3: 5 November 2007	        40,000 	131.22	5,248,800
4: 6 November 2007	        20,000 	131.32	2,626,400
5: 7 November 2007	        35,000 	130.70	4,574,325
6: 8 November 2007	        50,000 	129.94	6,496,795
7: 9 November 2007	        45,000 	127.81	5,751,450
Accumulated for trading day 1-7	      270,000 	130.68	35,284,909

DSV's accumulated share buy-backs in the period from 1 November 2007 to 9
November 2007 thus total 270,000 number of shares at a total purchase sum of
35.3 DKK million 

As a result of the above transactions, DSV A/S now holds a total of 11,876,127
shares of a nominal DKK 1 in DSV A/S corresponding to 5.89% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 31 October 2007 stated that DSV A/S held 5.76% of
the company's share capital. 

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