DSV, 256 - Share buy-back in DSV A/S

STOCK EXCHANGE ANNOUNCEMENT NO. 256

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
1: 3 August 2007	        95,000 	124.78	11,854,100
2: 6 August 2007	        75,000 	123.66	9,274,500
3: 7 August 2007	        65,000 	125.05	8,128,250
4: 8 August 2007	        85,000 	126.85	10,782,250
5: 9 August 2007	        70,000 	127.82	8,947,400
6: 10 August 2007	        85,000 	126.90	10,786,500
7: 13 August 2007	        67,000 	126.70	8,488,900
Accumulated for trading day 1-7	      542,000 	125.94	68,261,900

DSV's accumulated share buy-backs in the period from 3 August 2007 to 13 August
2007 thus total 542,000 number of shares at a total purchase sum of 68.3 DKK
million 

As a result of the above transactions, DSV A/S now holds a total of 8,174,327
shares of a nominal DKK 1 in DSV A/S corresponding to 4,06% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 1 August 2007 stated that DSV A/S held 3.79% of the
company's share capital. 

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