STOCK EXCHANGE ANNOUNCEMENT NO. 262 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 1-42 2,662,500 122.44 325,992,220 43: 02 October 2007 60,000 127.82 7,669,200 44: 03 October 2007 70,000 130.00 9,100,000 45: 04 October 2007 64,000 129.92 8,314,880 46: 05 October 2007 50,000 133.18 6,659,000 47: 08 October 2007 100,000 139.10 13,910,000 48: 09 October 2007 70,000 138.90 9,723,000 49: 10 October 2007 100,000 137.50 13,750,000 Accumulated for trading day 1-49 3,176,500 124.39 395,118,300 DSV's accumulated share buy-backs in the period from 3 August 2007 to 10 October 2007 thus total 3,176,500 numbers of shares at a total purchase sum of 395,1 DKK million As a result of the above transactions, DSV A/S now holds a total of 10,808,827 shares of a nominal DKK 1 in DSV A/S corresponding to 5.36% of the total number of issued shares of 201,500,000. The last announcement dated 1 October 2007 stated that DSV A/S held 5.11% of the company's share capital. Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.