DSV

Director's Dealing • Mar 18, 2013

STATEMENT OF INSIDERS' TRADING IN DSV SHARES Company Announcement No. 489

Pursuant to the Danish Securities Trading Act notice is hereby given of the following transactions:

Kurt K. Larsen
Chairman of the Board of Directors
DSV A/S
DK0060079531
Exercise of share options granted in 2009
15 March 2013
45,000
1,849,500
Vibeke Larsen
Related party to Kurt K. Larsen
DSV A/S
DK0060079531
Shares - Sale
15 March 2013
75,000
10,821,000

Kurt K. Larsen
Chairman of the Board of Directors
DSV A/S
DK0060079531
Shares - Sale
18 March 2013
45,000
6,469,200

DSV A/S, Banemarksvej 58, DK-2605 Brøndby, tel. +45 43203040, CVR No. 58233528, www.dsv.com Global Transport and Logistics

DSV is a global supplier of transport and logistics solutions.

DSV has offices in more than 70 countries all over the world and an international network of partners and agents, which makes DSV a truly global player offering services worldwide. By our professional and advantageous overall solutions, the approx. 22,000 DSV employees recorded worldwide annual revenue of 6 billion euro for 2012. www.dsv.com

Any questions regarding this announcement should be addressed to Flemming Ole Nielsen, Investor Relations Director, on tel. +45 43 20 30 40.

Yours sincerely, DSV

Flemming Ole Nielsen Investor Relations Director

DSV A/S, Banemarksvej 58, DK-2605 Brøndby, tel. +45 43203040, CVR No. 58233528, www.dsv.com

Global Transport and Logistics

DSV is a global supplier of transport and logistics solutions.

DSV has offices in more than 70 countries all over the world and an international network of partners and agents, which makes DSV a truly global player offering services worldwide. By our professional and advantageous overall solutions, the approx. 22,000 DSV employees recorded worldwide annual revenue of 6 billion euro for 2012. www.dsv.com