DSV, 257 - Share buy-back in DSV A/S

STOCK EXCHANGE ANNOUNCEMENT NO. 257

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
Accumulated for trading day 1-7	542,000	125.94	68,261,900
8: 14 August 2007	        64,000 	125.70	8,044,800
9: 15 August 2007	        60,000 	121.43	7,285,800
10: 16 August 2007	        82,000 	116.39	9,543,980
11: 17 August 2007	        80,000 	118.35	9,468,000
12: 20 August 2007	        41,500 	121.92	5,059,680
13: 21 August 2007	        50,000 	119.81	5,990,500
14: 22 August 2007	        40,000 	121.28	4,851,200
Accumulated for trading day 1-14	      959,500 	123.51	118,505,860

DSV's accumulated share buy-backs in the period from 3 August 2007 to 22 August
2007 thus total 959,500 numbers of shares at a total purchase sum of 118.5 DKK
million 

As a result of the above transactions, DSV A/S now holds a total of 8,591,827
shares of a nominal DKK 1 in DSV A/S corresponding to 4.26% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 13 August 2007 stated that DSV A/S held 4.06% of
the company's share capital. 

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