D/S Norden — Director's Dealing 2014

May 14, 2014

Announcement no. 23 14 May 2014 Page 1 of 1

Dampskibsselskabet NORDEN A/S Statement of leading employees' transactions in 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 in the Company's shares and related securities:

Name:	Ejner Bonderup
Occasion:	Reporting duty, Executive Vice President
Issuer:	Dampskibsselskabet NORDEN A/S
ISIN code:	DK0010269844
Description:	Shares
Transaction:	Purchase of shares
Commercial date:	14 May 2014
Market:	NASDAQ OMX Copenhagen A/S
Number:	900
Market value in DKK:	195,390

Holding after the transaction: 4,942 shares and 55,580 options

Kind regards, Dampskibsselskabet NORDEN A/S

Carsten Mortensen President & CEO

Further information: Nicolai Bro Jöhncke, Director, Head of Corporate Communications, tel.: +45 3315 0451.