Company Announcement No. 371
On 29 October 2010, DSV initiated the published share buy-back programme, cf. company announcement no. 361 of 29 October 2010. According to the programme DSV will in the period to 16 February 2011 purchase own shares up to a maximum value of DKK 600,000,000 and no more than 6,000,000 shares. 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 1-42 | 2,547,769 | 115.24 | 293,605,148 |
| 43: 29 December 2010 | None | -- | -- |
| 44: 30 December 2010 | None | -- | -- |
| 45: 3 January 2011 | 30,000 | 126.19 | 3,785,700 |
| 46: 4 January 2011 | 131,000 | 125.88 | 16,490,280 |
| 47: 5 January 2011 | 100,000 | 120.14 | 12,014,000 |
| 48: 6 January 2011 | 61,018 | 120.05 | 7,325,211 |
| 49: 7 January 2011 | 35,000 | 119.18 | 4,171,300 |
| Accumulated for trading 1-49 | 2,904,787 | 116.15 | 337,391,639 |
DSV’s accumulated share buy-backs in the period from 29 October 2010 to 7 January 2011 thus total 2,904,787 numbers of shares at a total purchase sum of 337.4 DKK million.
As of today DSV A/S now holds a total of 2,948,514 shares of a nominal DKK 1 in DSV A/S corresponding to 1.41% of the total number of issued shares of 209,150,000.
The last announcement dated 28 December 2010 stated that DSV A/S held 1.27% 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