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DSV Major Shareholding Notification 2015

Nov 24, 2015

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Company Announcement No. 624

Pursuant to section 29 of the Danish Securities Trading Act it is hereby
announced that BlackRock Investment Management (UK) Limited has informed DSV
that the holding of shares in DSV A/S has been increased to 10,372,436 shares,
corresponding to 5.39% of the entire share capital and voting rights of DSV
A/S.

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

Yours sincerely,
DSV A/S