D/S Norden — Director's Dealing 2015

May 22, 2015

Announcement no. 10 22 May 2015 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:	Kristian Wærness
Occasion:	Reporting duty, Senior Vice President
Issuer:	Dampskibsselskabet NORDEN A/S
ISIN code:	DK0010269844
Description:	Shares
Transaction:	Sale of shares
Commercial date:	22 May 2015
Market:	NASDAQ OMX Copenhagen A/S
Number:	650
Market value in DKK:	97,500

Holding after the transaction: 4,023 shares and 64,499 options

Kind regards, Dampskibsselskabet NORDEN A/S

Michael Tønnes Jørgensen Executive Vice President & CFO

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