SHARE BUY-BACK IN DSV A/S Company Announcement No. 350 On 29 March 2010, DSV initiated the published share buy-back programme, cf. company announcement no. 349 of 26 March 2010. According to the programme DSV will in the period to 28 April 2010 purchase own shares up to 1,000,000 shares for an amount of up to a maximum of DKK 110 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: 29 March 2010 54,053 98.69 5,334,490 2: 30 March 2010 72,756 98.04 7,132,998 3: 31 March 2010 10,000 98.20 982,000 4: 6 April 2010 50,000 99.76 4,988,000 5: 7 April 2010 50,000 100.81 5,040,500 6: 8 April 2010 40,000 98.71 3,948,400 7: 9 April 2010 - - - Accumulated for trading 1-7 276,809 99.08 27,426,388 DSV's accumulated share buy-backs in the period from 29 March 2010 to 9 April 2010 thus total 276,809 numbers of shares at a total purchase sum of 27.4 DKK million. As a result of the above transactions, DSV A/S now holds a total of 364,536 shares of a nominal DKK 1 in DSV A/S corresponding to 0.17% of the total number of issued shares of 209,150,000. The last announcement dated 26 March 2010 stated that DSV A/S held 0.07% of the company's share capital. Any questions may be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40. Yours sincerely, DSV Jens Bjørn Andersen Jens H. Lund CEO CFO