Company Announcement No. 562
On 11 August 2014, DSV A/S initiated the previously announced share buy-back programme, cf. company announcement No. 557 of 30 July 2014. According to the programme DSV A/S will in the period from 11 August to 27 October 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 buy-back programme every 7th trading day.
| Trading day | Number of shares bought back | Average transaction price | Amount DKK |
| Accumulated for trading days 1-21 | 1,036,785 | 174.77 | 181,200,878 |
| 22: 9 September 2014 | 55,425 | 172.21 | 9,544,800 |
| 23: 10 September 2014 | 77,000 | 172.13 | 13,253,802 |
| 24: 11 September 2014 | 60,924 | 172.48 | 10,508,421 |
| 25: 12 September 2014 | 56,237 | 172.32 | 9,690,867 |
| 26: 15 September 2014 | 77,500 | 171.37 | 13,281,144 |
| 27: 16 September 2014 | 67,080 | 170.40 | 11,430,378 |
| 28: 17 September 2014 | 40,000 | 171.28 | 6,851,040 |
| Accumulated for trading days 1-28 | 1,470,951 | 173.87 | 255,761,331 |
As at today, DSV A/S holds a total of 5,569,112 shares of a nominal value of DKK 1 in DSV A/S, corresponding to 3.15% 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
