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DSV Director's Dealing 2015

Feb 20, 2015

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Company Announcement No. 584

Pursuant to the Danish Securities Trading Act notice is hereby given of the
following transactions:

Name Erik B. Pedersen

Relation Deputy Chairman

Issuer DSV A/S

ISIN DK0060079531

Nature of transaction Shares - Sale

Trade date 19 February 2015

Number of shares 25,000

Market value (DKK) 5,282,500

Any questions regarding this announcement should be addressed to Flemming Ole
Nielsen, Director, Investor Relations, on tel. +45 43 20 33 92.

Yours sincerely,
DSV A/S