Company Announcement No. 588
On 19 February 2015, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 582 of 6 February 2015. According to the programme DSV A/S will in the period from 19 February to 22 April 2015 purchase own shares up to a maximum value of DKK 200,000,000 and no more than 1,500,000 shares, corresponding to 0.85% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buy-back programme every 7th trading day.
| Trading day | Number of shares bought back | Average transaction price | Amount DKK |
| Accumulated for trading days 1-14 | 256,411 | 214.35 | 54,960,422 |
| 15: 11 March 2015 | 14,000 | 219.08 | 3,067,100 |
| 16: 12 March 2015 | 17,000 | 219.62 | 3,733,481 |
| 17: 13 March 2015 | 19,000 | 217.67 | 4,135,650 |
| 18: 16 March 2015 | 15,000 | 220.05 | 3,300,680 |
| 19: 17 March 2015 | 35,000 | 217.01 | 7,595,375 |
| 20: 18 March 2015 | 18,000 | 216.48 | 3,896,600 |
| 21: 19 March 2015 | 16,000 | 217.08 | 3,473,261 |
| Accumulated for trading days 1-21 | 390,411 | 215.57 | 84,162,569 |
As at today, DSV A/S holds a total of 7,644,208 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 4.32% of the total number of issued shares of 177,000,000.
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S