Company Announcement No. 598
Pursuant to the Danish Securities Trading Act notice is hereby given of the following transactions:
| Name | Jens Bjørn Andersen |
| Relation | CEO |
| Issuer | DSV A/S |
| ISIN | DK0060079531 |
| Nature of transaction | Exercise of share options granted in year 2012 |
| Trade date | 22 May 2015 |
| Number of shares | 100,000 |
| Exercise price (DKK) | 12,800,000 |
| Name | Jens Bjørn Andersen |
| Relation | CEO |
| Issuer | DSV A/S |
| ISIN | DK0060079531 |
| Nature of transaction | Shares — Sale |
| Trade date | 22 May 2015 |
| Number of shares | 100,000 |
| Market value (DKK) | 23,264,200 |
| Name | Jens H. Lund |
| Relation | CFO |
| Issuer | DSV A/S |
| ISIN | DK0060079531 |
| Nature of transaction | Exercise of share options granted in year 2012 |
| Trade date | 22 May 2015 |
| Number of shares | 70,000 |
| Exercise price (DKK) | 8,960,000 |
| Name | Jens H. Lund |
| Relation | CFO |
| Issuer | DSV A/S |
| ISIN | DK0060079531 |
| Nature of transaction | Shares — Sale |
| Trade date | 22 May 2015 |
| Number of shares | 70,000 |
| Market value (DKK) | 16,284,940 |
Any questions may be addressed to Flemming Ole Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.
Yours sincerely,
DSV A/S