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DSV

Major Shareholding Notification Feb 8, 2012

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Company Announcement No. 432

This is to announce, pursuant to section 29 of the Danish Securities Trading
Act that BlackRock Inc. on 7 February 2012 has informed DSV that BlackRock Inc.
has again reduced their holdings in DSV and that the holdings now represent
less than 5% of DSV´s share capital and votes.

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

Yours sincerely,

DSV

Flemming Ole Nielsen

Investor Relations Manager

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