STOCK EXCHANGE ANNOUNCEMENT NO. 261 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 1-35 2,283,500 122.31 279,295,700 36: 21 September 2007 37,000 122.31 4,525,470 37: 24 September 2007 60,000 123.94 7,436,400 38: 25 September 2007 59,000 123.35 7,277,650 39: 26 September 2007 58,000 123.02 7,135,160 40: 27 September 2007 56,000 122.71 6,871,760 41: 28 September 2007 54,000 122.82 6,632,280 42: 01 October 2007 55,000 123.96 6,817,800 Accumulated for trading day 1-42 2,662,500 122.44 325,992,220 DSV's accumulated share buy-backs in the period from 3 August 2007 to 1October 2007 thus total 2,662,500 numbers of shares at a total purchase sum of 326 DKK million As a result of the above transactions, DSV A/S now holds a total of 10,294,827 shares of a nominal DKK 1 in DSV A/S corresponding to 5.11% of the total number of issued shares of 201,500,000. The last announcement dated 20 September 2007 stated that DSV A/S held 4.92% of the company's share capital. Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.