DSV, 262 - Share buy-back in DSV A/S

STOCK EXCHANGE ANNOUNCEMENT NO. 262

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 1-42	    2,662,500 	122.44	325,992,220
43: 02 October 2007	        60,000 	127.82	7,669,200
44: 03 October 2007	        70,000 	130.00	9,100,000
45: 04 October 2007	        64,000 	129.92	8,314,880
46: 05 October 2007	        50,000 	133.18	6,659,000
47: 08 October 2007	      100,000 	139.10	13,910,000
48: 09 October 2007	        70,000 	138.90	9,723,000
49: 10 October 2007	      100,000 	137.50	13,750,000
Accumulated for trading day 1-49	    3,176,500 	124.39	395,118,300

DSV's accumulated share buy-backs in the period from 3 August 2007 to 10
October 2007 thus total 3,176,500 numbers of shares at a total purchase sum of
395,1 DKK million 

As a result of the above transactions, DSV A/S now holds a total of 10,808,827
shares of a nominal DKK 1 in DSV A/S corresponding to 5.36% of the total number
of issued shares of 201,500,000. 
 
The last announcement dated 1 October 2007 stated that DSV A/S held 5.11% of
the company's share capital. 

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