Company Announcement No. 383
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 1-21 | 2,359,749 | 122.89 | 289,998,868 |
| 22: 25 March 2011 | 114,303 | 126.91 | 14,506,194 |
| 23: 28 March 2011 | 50,000 | 127.28 | 6,364,000 |
| 24: 29 March 2011 | 40,000 | 127.23 | 5,089,200 |
| 25: 30 March 2011 | none | n/a | n/a |
| 26: 31 March 2011 | 44,453 | 130.04 | 5,780,668 |
| 27: 1 April 2011 | 144,657 | 129.03 | 18,665,093 |
| 28: 4 April 2011 | 24,326 | 129.42 | 3,148,271 |
| Accumulated for trading 1-28 | 2,777,488 | 123.69 | 343,552,293 |
DSV’s accumulated share buy-backs in the period from 24 February 2011 to 4 April 2011 thus total 2,777,488 numbers of shares at a total purchase sum of 343.6 DKK million.
As of today, DSV A/S now holds a total of 7,396,649 shares of a nominal DKK 1 in DSV A/S corresponding to 3.54% of the total number of issued shares of 209,150,000.
The last announcement dated 24 March 2011 stated that DSV A/S held 3.39% 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