Company Announcement No. 465
Pursuant to the Danish Securities Trading Act notice is hereby given of the following transactions:
| Name | Jens H. Lund |
| Reason | CFO |
| Issuer | DSV A/S |
| ISIN | DK0060079531 |
| Nature of transaction | Exercise of share options granted in 2008 |
| Trade date | 7 August 2012 |
| Number of shares | 60,000 |
| Market price (DKK) | 6,195,000 |
| Name | Jens H. Lund |
| Reason | CFO |
| Issuer | DSV A/S |
| ISIN | DK0060079531 |
| Nature of transaction | Shares – Sale |
| Trade date | 8 August 2012 |
| Number of shares | 60,000 |
| Market price (DKK) | 7,835,400 |
Any questions may be addressed to Flemming Ole Nielsen, Investor Relations Manager, tel. +45 43 20 30 40.
Yours sincerely,
DSV
Flemming Ole Nielsen
Investor Relations Manager
