Company Announcement No. 372
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 1-49 | 2,904,787 | 116.15 | 337,391,639 |
| 50: 10 January 2011 | 142,370 | 118.73 | 16,903,590 |
| 51: 11 January 2011 | 53,186 | 119.32 | 6,346,154 |
| 52: 12 January 2011 | 186,000 | 120.40 | 22,394,400 |
| 53: 13 January 2011 | 126,037 | 119.51 | 15,062,682 |
| 54: 14 January 2011 | 815 | 120.10 | 97,882 |
| 55: 17 January 2011 | 126,068 | 119.59 | 15,077,039 |
| 56: 18 January 2011 | 97,994 | 120.03 | 11,762,220 |
| Accumulated for trading 1-56 | 3,637,257 | 116.86 | 425,035,606 |
DSV’s accumulated share buy-backs in the period from 29 October 2010 to 18 January 2011 thus total 3,637,257 numbers of shares at a total purchase sum of 425.0 DKK million.
As of today DSV A/S now holds a total of 3,661,484 shares of a nominal DKK 1 in DSV A/S corresponding to 1.75% of the total number of issued shares of 209,150,000.
The last announcement dated 7 January 2011 stated that DSV A/S held 1.41% 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