DSV

Transaction in Own Shares • Jun 12, 2013

Company Announcement No. 500

On 30 April 2013, DSV A/S initiated the previously announced share buy-back
programme, cf. company announcement No. 494 of 30 April 2013. According to the
programme DSV A/S will in the period from 30 April to 2 July 2013 purchase own
shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000
shares, corresponding to 2.22% 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 1,457,711 138.92 202,499,104
days 1-21
22: 3 June 2013 108,074 137.61 14,872,344
23: 4 June 2013 70,864 138.77 9,833,613
24: 6 June 2013 60,000 139.18 8,350,824
25: 7 June 2013 72,225 139.07 10,044,605
26: 10 June 2013 43,640 139.68 6,095,452
27: 11 June 2013 155,880 137.44 21,423,415
28: 12 June 2013 109,452 136.17 14,903,718

---

Accumulated for trading 2,077,846 138.62 288,023,074
days 1-28

---

DSV A/S' accumulated share buy-backs in the period from 30 April 2013 to 12
June 2013 thus total 2,077,846 shares at a total purchase sum of DKK 288.0
million.

As at today, DSV A/S holds a total of 2,867,457 shares of a nominal value of
DKK 1 in DSV A/S, corresponding to 1.59% of the total number of issued shares
of 180,000,000.

The latest announcement dated 31 May 2013 stated that DSV A/S held 1.25% of the
Company's share capital.

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

Yours sincerely,

DSV A/S