STATEMENT OF INSIDER'S TRADING IN DSV SHARES Stock Exchange Announcement No. 365 Pursuant to the Securities Trading Act notice is hereby given that the following transaction has been carried out: Name Kurt K. Larsen Reason Chairman of the Supervisory Board Issuer DSV A/S ID Code DK0060079531 Nature of transaction Shares - Sale Trade date 16 November 2010 Number 100,000 Market price (DKK) 11,465,000 Name Jens Bjørn Andersen Reason CEO Issuer DSV A/S ID Code DK0060079531 Nature of transaction Shares - Sale Trade date 16 November 2010 Number 14,000 Market price (DKK) 1,600,332 Name Jens Bjørn Andersen Reason CEO Issuer DSV A/S ID Code DK0060079531 Nature of transaction Exercise of share options granted in year 2006 Trade date 17 November 2010 Number 14,000 Market price (DKK) 1,148,000 Name Jens H. Lund Reason CFO Issuer DSV A/S ID Code DK0060079531 Nature of transaction Exercise of share options granted in year 2006 Trade date 16 November 2010 Number 50,000 Market price (DKK) 4,100,000 Name Jens H. Lund Reason CFO Issuer DSV A/S ID Code DK0060079531 Nature of transaction Shares - Sale Trade date 17 November 2010 Number 60,000 Market price (DKK) 6,846,000 Name Rasmus S. H. Lund Reason Related party to Jens H. Lund Issuer DSV A/S ID Code DK0060079531 Nature of transaction Shares - Purchase Trade date 17 November 2010 Number 300 Market price (DKK) 34,320 Name Mads S. H. Lund Reason Related party to Jens H. Lund Issuer DSV A/S ID Code DK0060079531 Nature of transaction Shares - Purchase Trade date 17 November 2010 Number 300 Market price (DKK) 34,320 Name Mathilde S. H. Lund Reason Related party to Jens H. Lund Issuer DSV A/S ID Code DK0060079531 Nature of transaction Shares - Purchase Trade date 17 November 2010 Number 300 Market price (DKK) 34,320 Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40. Yours sincerely, DSV Jens Bjørn Andersen Jens H. Lund CEO CFO