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.