DSV, 276 - DSV purchases land at Ringsted and expands at Horsens to adapt its Danish location structure for future requirements

STOCK EXCHANGE ANNOUNCEMENT NO. 276

DSV purchases land at Ringsted and expands at Horsens to adapt its Danish
location structure for future requirements 

The purchase of 400,000 square metres of land at Ringsted creates a platform
for strengthening and developing the position of DSV on Zealand. The long-term
plan is to centralise all activities on Zealand, including Group headquarters,
at Ringsted. The transaction is subject to the condition that the local
authority develops a local plan for the area. Such plan is expected to be in
place by mid-2009. The relocation to Ringsted is expected to take place
gradually and to be completed by the end of 2013. 

DSV has also acquired 40,000 additional square metres of land next to its
current facilities at Horsens so that the entire lot at Horsens now measures
375,000 square metres. DSV will also continue consolidating the Jutland
locations into a single one at Horsens, although few regional locations will be
maintained. 

The decision to consolidate the activities at fewer locations is based on the
intention to prepare DSV in Denmark for the future and thereby create a basis
for further product development and growth in a long-term perspective. The
consolidations are expected to have a positive impact on DSV's cost structure
and to strengthen the competitiveness of DSV. 

Any questions may be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.

Yours faithfully
DSV

Kurt K. Larsen 		Jens H. Lund		
Group CEO		CFO