DSV

Transaction in Own Shares • Sep 5, 2013

On 30 July 2013, DSV A/S initiated the previously announced share buy-back
programme, cf. company announcement No. 508 of 30 July 2013. According to the
programme DSV A/S will in the period from 30 July to 24 October 2013 purchase
own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000
shares, corresponding to 1.67% of the current share capital of DSV A/S. The
programme has been implemented in accordance with the 'Safe Harbour' provisions
of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish
the accumulated purchases under the share buy-back programme every 7th trading
day.

Trading day Number of shares Average transaction Amount DKK
bought back price
Accumulated for trading 764,513 147.53 112,785,191
days 1-21
22: 28 August 2013 34,000 146.39 4,977,199
23: 29 August 2013 18,000 146.86 2,643,529
24: 30 August 2013 25,175 147.14 3,704,227
25: 2 September 2013 10,000 150.26 1,502,580
26: 3 September 2013 13,000 151.05 1,963,647
27: 4 September 2013 16,000 151.92 2,430,699
28: 5 September 2013 17,000 152.52 2,592,755

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Accumulated for trading 897,688 147.71 132,599,827
days 1-28

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DSV A/S' accumulated share buy-backs in the period from 30 July 2013 to 5
September 2013 amounted to 897,688 shares at a total purchase sum of DKK 132.6
million.

As at today, DSV A/S holds a total of 4,095,129 shares of a nominal value of
DKK 1 in DSV A/S, corresponding to 2.28% of the total number of issued shares
of 180,000,000.

Any questions may be addressed to Flemming Ole Nielsen, Investor Relations
Director, tel. +45 43 20 30 40.

Yours sincerely,
DSV A/S