D/S Norden — Director's Dealing 2011

May 12, 2011

Announcement no. 25 12 May 2011

Dampskibsselskabet NORDEN A/S Statement of leading employees' transactions with NORDEN shares and related securities

According to section 28A of the Danish Securities Trading Act, the Company shall report the following information about the transactions of leading employees and their closely related parties in the Company's shares and related securities:

Name:	Carsten Mortensen
Occasion:	Reporting duty, President & CEO
Issuer:	Dampskibsselskabet NORDEN A/S
ISIN code:	DK0010269844
Description:	Shares
Transaction:	Purchase
Commercial date:	12 May 2011
Market:	NASDAQ OMX Copenhagen A/S
Number:	5,400
Market value in DKK:	1,004,400
Holding after the transaction:	36,212 shares and 249,241 options

Kind regards, Dampskibsselskabet NORDEN A/S

Michael Tønnes Jørgensen Executive Vice President & CFO

Contact at tel. +45 3315 0451: Martin Badsted, Senior Vice President and Hans Bøving, Vice President, Head of Corporate Communications & CSR.

Dampskibsselskabet NORDEN A/S 52, Strandvejen DK-2900 HELLERUP CVR no. 67758919 www.ds-norden.com