Company Announcement No. 549


On 6 May 2014, DSV A/S initiated the previously announced share buyback programme, cf. company announcement No. 542 of 30 April 2014. According  to the programme DSV A/S will in the period from 6 May to 29 July 2014 purchase own shares up to a maximum value of DKK 400,000,000 and no more than 4,000,000 shares, corresponding to 2.26% of the current share capital of DSV A/S. The programme has been implemented in accordance with the 'Safe Harbour' provisions of EU Regulation No. 2273/2003 of 22 December 2003. DSV will therefore publish the accumulated purchases under the share buyback programme every 7th trading day.

Trading day
Number of shares bought back Average transaction price Amount  DKK
Accumulated for trading days 1-21 729,341 178.80 130,409,244
22: 11 June 2014 55,000 181.61 9,988,550
23: 12 June 2014 55,000 180.26 9,914,300
24: 13 June 2014 90,000 178.34 16,050,600
25: 16 June 2014 60,000 177.54 10,652,400
26: 17 June 2014 50,000 177.99 8,899,500
27: 18 June 2014 50,000 177.33 8,866,500
28: 19 June 2014 30,000 178.05 5,341,500
Accumulated for trading days 1-28 1,119,341 178.79 200,122,594

As at today, DSV A/S holds a total of 3,083,987 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 1.74% of the total number of issued shares of 177,000,000.

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

Yours sincerely,
DSV A/S


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