DFDS — Capital/Financing Update 2019

May 15, 2019

DFDS INTENDS TO ISSUE NEW SENIOR UNSECURED BONDS

DFDS INTENDS TO ISSUE NEW SENIOR UNSECURED BONDS

COMPANY ANNOUNCEMENT NO. 15

The information contained herein is not for release, publication or distribution, directly or indirectly, in or into the United States, Canada, Japan or Australia or any other jurisdiction in which such release, publication or distribution would be unlawful.

This announcement does not constitute an offer to sell or the solicitation of an offer to buy securities in DFDS A/S in the United States, Canada, Japan or Australia or any other jurisdiction.

As part of the continuous pursuit of improving the financing cost of DFDS, a new bond issue is being explored to refinance existing DKK bonds maturing June 2019.

Today, DFDS A/S (the "Issuer") announces its intention to issue new DKK and/or NOK denominated senior unsecured bonds with an expected maturity of 5 years (the "New Bonds") in the near future. The Issuer has mandated Nordea Bank Abp and Skandinaviska Enskilda Banken AB (publ) as joint bookrunners to arrange fixed income investor meetings starting on 20 and 21 May 2019. There is no certainty that the issue of the New Bonds will be initiated or consummated.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.

Attachments:

• UK_OMX_NO_15_15_05_2019_Bonds