DSV, 246 - Share buy-back in DSV A/S

STOCK EXCHANGE ANNOUNCEMENT NO. 246

Share buy-back in DSV A/S

On 30 April 2007, DSV initiated the published share buy-back programme, cf.
stock exchange announcement no. 234 of 30 April 2007.  According to the
programme DSV will in the period to 31. July 2007 purchase own shares for an
amount of up to a maximum of DKK 400 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 1-28
    1,426,200 
113.60
162,015,676

29: 13 June 2007
        85,000 
108.45
9,218,250

30: 14 June 2007
        75,000 
109.50
8,212,500

31: 15 June 2007
        45,000 
108.77
4,894,650

32: 18 June 2007
        68,000 
109.98
7,478,640

33: 19 June 2007
        21,000 
109.49
2,299,290

34: 20 June 2007
        71,017 
109.39
7,768,550

35: 21 June 2007
      169,000 
107.05
18,091,450

Accumulated for trading day 1-35
    1,960,217 
112.22
219,979,006


DSV's accumulated share buy-backs in the period from 30 April 2007 to 21 June
2007 thus total 1,960,217 number of shares at a total purchase sum of 220.0 DKK
million 

As a result of the above transactions, DSV A/S now holds a total of 6,05,827
shares of a nominal DKK 1 in DSV A/S corresponding to 3.02% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 12 June 2007 stated that DSV A/S held 2.76% of the
company's share capital. 

Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.