STOCK EXCHANGE ANNOUNCEMENT NO. 263 Share buy-back in DSV A/S On 3 August 2007, DSV initiated the published share buy-back programme, cf. stock exchange announcement no. 252 of 3 August 2007. According to the programme DSV will in the period to 31 October 2007 purchase own shares for an amount of up to a maximum of DKK 500 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 1-49 3,176,500 124.39 395,118,300 50: 11 October 2007 60,000 134.83 8,089,800 51: 12 October 2007 70,000 131.72 9,220,400 52: 15 October 2007 53,000 132.30 7,011,900 53: 16 October 2007 60,000 129.00 7,740,000 54: 17 October 2007 45,000 130.46 5,870,700 55: 18 October 2007 80,000 130.08 10,406,400 56: 19 October 2007 26,000 130.58 3,395,080 Accumulated for trading day 1-56 3,570,500 125.15 446,852,580 DSV's accumulated share buy-backs in the period from 3 August 2007 to 19 October 2007 thus total 3,570,500 numbers of shares at a total purchase sum of 446,9 DKK million As a result of the above transactions, DSV A/S now holds a total of 11,202,827 shares of a nominal DKK 1 in DSV A/S corresponding to 5.56% of the total number of issued shares of 201,500,000. The last announcement dated 10 October 2007 stated that DSV A/S held 5.36% of the company's share capital. Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.