STATEMENT OF INSIDER'S TRADING IN DSV SHARES
Stock Exchange Announcement No. 365



Pursuant to the Securities Trading Act notice is hereby given that the
following transaction has been carried out:

Name Kurt K. Larsen
Reason Chairman of the Supervisory Board
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Shares - Sale
Trade date 16 November 2010
Number 100,000
Market price (DKK) 11,465,000

Name Jens Bjørn Andersen
Reason CEO
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Shares - Sale
Trade date 16 November 2010
Number 14,000
Market price (DKK) 1,600,332

Name Jens Bjørn Andersen
Reason CEO
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Exercise of share options granted in year 2006
Trade date 17 November 2010
Number 14,000
Market price (DKK) 1,148,000

Name Jens H. Lund
Reason CFO
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Exercise of share options granted in year 2006
Trade date 16 November 2010
Number 50,000
Market price (DKK) 4,100,000

Name Jens H. Lund
Reason CFO
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Shares - Sale
Trade date 17 November 2010
Number 60,000
Market price (DKK) 6,846,000

Name Rasmus S. H. Lund
Reason Related party to Jens H. Lund
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Shares - Purchase
Trade date 17 November 2010
Number 300
Market price (DKK) 34,320

Name Mads S. H. Lund
Reason Related party to Jens H. Lund
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Shares - Purchase
Trade date 17 November 2010
Number 300
Market price (DKK) 34,320



Name Mathilde S. H. Lund
Reason Related party to Jens H. Lund
Issuer DSV A/S
ID Code DK0060079531
Nature of transaction Shares - Purchase
Trade date 17 November 2010
Number 300
Market price (DKK) 34,320

Questions should be addressed to Jens H. Lund, CFO, tel. +45 43 20 30 40.

Yours sincerely,
DSV

Jens Bjørn Andersen Jens H. Lund
CEO CFO

365 - meddelelse _17.11.2010_ - insideres handel - uk.pdf