Share buy-back IN DSV A/S
Company Announcement No. 382
On 24 February 2011, DSV initiated the published share buy-back programme, cf. company announcement no. 377 of 24 February 2011. According to the programme DSV will in the period to 28 April 2011 purchase own shares up to a maximum value of DKK 500,000,000 and no more than 6,000,000 shares, corresponding to 2.87% of the present share capital of DSV A/S. 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 1-14 | 1,511,120 | 122.82 | 185,599,556 |
| 15: 16 March 2011 | 188,726 | 120.73 | 22,784,890 |
| 16: 17 March 2011 | 108,274 | 119.31 | 12,918,171 |
| 17: 18 March 2011 | 72,090 | 123.09 | 8,873,558 |
| 18: 21 March 2011 | 79,855 | 125.42 | 10,015,414 |
| 19: 22 March 2011 | 250,000 | 124.30 | 31,075,000 |
| 20: 23 March 2011 | 99,684 | 124.66 | 12,426,278 |
| 21: 24 March 2011 | 50,000 | 126.12 | 6,306,000 |
| Accumulated for trading 1-21 | 2,359,749 | 122.89 | 289,998,868 |
DSV’s accumulated share buy-backs in the period from 24 February 2011 to 24 March 2011 thus total 2,359,749 numbers of shares at a total purchase sum of 290 DKK million.
As of today, DSV A/S now holds a total of 7,097,910 shares of a nominal DKK 1 in DSV A/S corresponding to 3.39% of the total number of issued shares of 209,150,000.
The last announcement dated 15 March 2011 stated that DSV A/S held 3.03% 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