STOCK EXCHANGE ANNOUNCEMENT NO. 282 Share buy-back in DSV A/S On 1 November 2007, DSV initiated the published share buy-back programme, cf. stock exchange announcement no. 266 of 31 October 2007. According to the programme DSV will in the period to 29 February 2008 purchase own shares for an amount of up to a maximum of DKK 400 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 1-70 3,114,600 108.36 337,510,810 71: 14 February 2008 65,300 99.93 6,525,429 72: 15 February 2008 73,600 98.23 7,229,728 73: 18 February 2008 20,000 98.56 1,971,200 74: 19 February 2008 53,800 99.65 5,361,170 75: 20 February 2008 47,500 98.42 4,674,950 76: 21 February 2008 18,300 98.75 1,807,125 77: 22 February 2008 65,000 98.60 6,409,000 Accumulated for trading day 1-77 3,458,100 107.43 371,489,412 DSV's accumulated share buy-backs in the period from 1 November 2007 to 22 February 2008 thus total 3,458,100 number of shares at a total purchase sum of 371.5 DKK million As a result of the above transactions, DSV A/S now holds a total of 15,063,227 shares of a nominal DKK 1 in DSV A/S corresponding to 7.48% of the total number of issued shares of 201,500,000. The last announcement dated 14 February 2008 stated that DSV A/S held 7.31% 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