STOCK EXCHANGE ANNOUNCEMENT NO. 293 Share buy-back in DSV A/S On 4 March 2008, DSV initiated the published share buy-back programme, cf. stock exchange announcement no. 287 of 4 March 2008. According to the programme DSV will in the period to 10 April 2008 purchase own shares up to 1,500,000 shares for an amount of up to a maximum of DKK 200 million. 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 1,254,500 97.75 122,628,360 22: 7. April 2008 40,000 108.70 4,348,000 23: 8. April 2008 60,000 108.06 6,483,600 24: 9 April 2008 72,500 108.15 7,840,875 25:10 April 2008 73,000 107.13 7,820,490 Accumulated for trading day 1-25 1,500,000 99.41 149,121,325 DSV's accumulated share buy-backs in the period from 4 March 2008 to 10 April 2008 thus total 1, 500,000 numbers of shares at a total purchase sum of 149.1 DKK million. The published share buy-back programme has now been concluded. As a result of the above transactions, DSV A/S now holds a total of 16,850,927 shares of a nominal DKK 1 in DSV A/S corresponding to 8.36% of the total number of issued shares of 201,500,000. The last announcement dated 7 April 2008 stated that DSV A/S held 8.24% of the company's share capital. Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40. Yours sincerely DSV Kurt K. Larsen Jens H. Lund CEO CFO