On 30 July 2013, DSV A/S initiated the previously announced share buy-back
programme, cf. company announcement No. 508 of 30 July 2013. According to the
programme DSV A/S will in the period from 30 July to 24 October 2013 purchase
own shares up to a maximum value of DKK 300,000,000 and no more than 3,000,000
shares, corresponding to 1.67% 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  Average transaction  Amount  DKK
                                   bought back                price             
Accumulated for trading                764,513         147.53        112,785,191
 days 1-21                                                                      
22: 28 August 2013                      34,000         146.39          4,977,199
23: 29 August 2013                      18,000         146.86          2,643,529
24: 30 August 2013                      25,175         147.14          3,704,227
25: 2 September 2013                    10,000         150.26          1,502,580
26: 3 September 2013                    13,000         151.05          1,963,647
27: 4 September 2013                    16,000         151.92          2,430,699
28: 5 September 2013                    17,000         152.52          2,592,755
--------------------------------------------------------------------------------
Accumulated for trading                897,688         147.71        132,599,827
 days 1-28                                                                      
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DSV A/S' accumulated share buy-backs in the period from 30 July 2013 to 5
September 2013 amounted to 897,688 shares at a total purchase sum of DKK 132.6
million. 

As at today, DSV A/S holds a total of 4,095,129 shares of a nominal value of
DKK 1 in DSV A/S, corresponding to 2.28% of the total number of issued shares
of 180,000,000. 

Any questions may be addressed to Flemming Ole Nielsen, Investor Relations
Director, tel. +45 43 20 30 40. 

Yours sincerely,
DSV A/S