STOCK EXCHANGE ANNOUNCEMENT NO. 290

 
Share buy-back in DSV A/S

On 4 March 2008, DSV initiated the published share buy-back programme, cf.
stock exchange announcement no. 287 of 4 March 2008.  According to the
programme DSV will in the period to 10 April 2008 purchase own shares up to
1,500,000 shares for an amount of up to a maximum of DKK 200 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 1-7	      508,500 	95.96	48,793,270
  8:  13 March 2008	      125,000 	94.07	11,758,750
  9:  14 March 2008	        60,000 	93.60	5,616,000
10:  17 March 2008	        60,000 	89.87	5,392,200
11:  18 March 2008	        50,000 	92.91	4,645,500
12:  19 March 2008	        60,000 	93.40	5,604,000
13:  25 March 2008	        15,000 	97.00	1,455,000
14:  26 March 2008	        35,000 	99.17	3,470,950
Accumulated for trading day 1-14	      913,500 	94.95	86,735,670

DSV's accumulated share buy-backs in the period from 4 March 2008 to 26 March
2008 thus total 913,500 numbers of shares at a total purchase sum of 86.7 DKK
million. 

As a result of the above transactions, DSV A/S now holds a total of 16,264,427
shares of a nominal DKK 1 in DSV A/S corresponding to 8.07% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 12 March 2008 stated that DSV A/S held 7.87% 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