DSV Air & Sea Holding A/S (part of the DSV Group) has acquired 80% of the shares of DFDS Transport (Bangladesh) Ltd., which now is a wholly-owned subsidiary. DFDS Transport (Bangladesh) Ltd. has a budgeted annual turnover of DKK 20 mill. in 2007 and has 15 employees working at the location in Dhaka. The company will change its name to DSV Air & Sea Ltd. as soon as possible. The parties have agreed not to publish the acquisition price. With this acquisition the DSV Air & Sea Division hereby further expands the existing position in Asia and the Sub Continent, in which region the division is now represented with own companies in 12 countries and approx. 1,000 employees. Also in 2007 a strong growth is expected in the region. This announcement has been forwarded to the Copenhagen Stock Exchange's Investorservice and the press. It is also available on the Internet at www.dsv.com. The announcement has been prepared in Danish and in English. In the event of discrepancies, the Danish version shall apply. Questions should be addressed to Peter Larsen, Vice President DSV Air & Sea Holding A/S, tel. +45 43 20 30 40.
DSV Air & Sea Holding A/S acquires full ownership of DFDS Transport (Bangladesh) Ltd.
| Source: DSV A/S