DSV

Director's Dealing • May 12, 2010

12 May 2010

STATEMENT OF INSIDER'S TRADING IN DSV SHARES Company Announcement No. 356

Name	Erik Buchvald Pedersen
Reason	Deputy Chairman
Issuer	DSV A/S
ID Code	DK0060079531
Nature of transaction	Shares - Sale
Trade date	12 May 2010
Number	200,000
Market price (DKK)	19,375,500

Pursuant to the Securities Trading Act notice is hereby given that the following transaction has been carried out:

Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.

Yours sincerely, DSV

Jens Bjørn Andersen Jens H. Lund CEO CFO

DSV A/S, Banemarksvej 58, DK-2605 Brøndby, tel. +45 43203040, fax +45 43203041, CVR No. 58233528, www.dsv.com.

Global Transport and Logistics

DSV is a global supplier of transport and logistics services.

DSV has offices in more than 60 countries all over the world. Together with our partners and agents, we offer services in more than 110 countries, making DSV a truly global player. By our professional and advantageous overall solutions, the 21,200 DSV employees recorded a worldwide annual revenue of euro 4.8 billion for 2009. www.dsv.com