DSV

Transaction in Own Shares • Aug 14, 2007

13 August 2007

STOCK EXCHANGE ANNOUNCEMENT NO. 256

Share buy-back in DSV A/S

On 3 August 2007, DSV initiated the published share buy-back programme, cf. stock exchange announcement no. 252 of 3 August 2007. According to the programme DSV will in the period to 31 October 2007 purchase own shares for an amount of up to a maximum of DKK 500 million. The program is implemented in accordance with the "Safe Harbour" provisions of EU regulation no. 2273/2003 of 22 December 2003. Therefore, DSV will publish the accumulated buybacks under the programme every 7th trading day.

Trading day	Number of shares bought back	Average transaction price	Amount DKK
1: 3 August 2007	95,000	124.78	11,854,100
2: 6 August 2007	75,000	123.66	9,274,500
3: 7 August 2007	65,000	125.05	8,128,250
4: 8 August 2007	85,000	126.85	10,782,250
5: 9 August 2007	70,000	127.82	8,947,400
6: 10 August 2007	85,000	126.90	10,786,500
7: 13 August 2007	67,000	126.70	8,488,900
Accumulated for trading day 1-7	542,000	125.94	68,261,900

DSV's accumulated share buy-backs in the period from 3 August 2007 to 13 August 2007 thus total 542,000 number of shares at a total purchase sum of 68.3 DKK million

As a result of the above transactions, DSV A/S now holds a total of 8,174,327 shares of a nominal DKK 1 in DSV A/S corresponding to 4,06% of the total number of issued shares of 201,500,000.

The last announcement dated 1 August 2007 stated that DSV A/S held 3.79% of the company's share capital.

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

Yours sincerely DSV

Kurt K. Larsen Jens H. Lund Managing Director CFO

DSV A/S, Kornmarksvej 1, DK-2605 Brøndby, tel. +4543203040, fax +4543203041, CVR no. 58233528, www.dsv.com.

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