DSV, 272 - Share buy-back in DSV A/S

11.12.2007
STOCK EXCHANGE ANNOUNCEMENT NO. 272

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
Accumulated for trading day 1-21	      808,300 	120.88	97,704,080
22: 30 November 2007	        45,000 	118.84	5,347,949
23: 03 December 2007	        40,000 	118.95	4,758,000
24: 04 December 2007	        50,000 	116.92	5,846,000
25: 05 December 2007	        60,000 	117.39	7,043,400
26: 06 December 2007	        50,000 	116.93	5,846,500
27: 07 December 2007	        10,000 	119.57	1,195,700
28: 10 December 2007	        40,000 	119.88	4,795,200
Accumulated for trading day 1-28	    1,103,300 	120.13	132,536,829

DSV's accumulated share buy-backs in the period from 1 November 2007 to 10
December 2007 thus total 1,103,300 number of shares at a total purchase sum of
132.5 DKK million 

As a result of the above transactions, DSV A/S now holds a total of 12,709,427
shares of a nominal DKK 1 in DSV A/S corresponding to 6.31% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 30 November 2007 stated that DSV A/S held 6.16% 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