DSV

Transaction in Own Shares • Aug 27, 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
bought back price DKK
Accumulated for trading 482,111 147.74 71,226,474
days 1-14
15: 19 August 2013 18,616 148.42 2,762,998
16: 20 August 2013 66,248 146.97 9,736,389
17: 21 August 2013 56,539 146.92 8,306,580
18: 22 August 2013 32,080 147.69 4,737,924
19: 23 August 2013 24,919 148.16 3,691,944
20: 26 August 2013 16,000 147.82 2,365,173
21: 27 August 2013 68,000 146.44 9,957,709

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Accumulated for trading 764,513 147.53 112,785,19
days 1-21 1

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DSV A/S' accumulated share buy-backs in the period from 30 July 2013 to 27
August 2013 amounted to 764,513 shares at a total purchase sum of DKK 112.8
million.

As at today, DSV A/S holds a total of 3,989,522 shares of a nominal value of
DKK 1 in DSV A/S, corresponding to 2.22% 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