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Dampskibsselskabet NORDEN A/S

_______________________________________________________________________________



Announcement no. 5

31 January 2011


Dampskibsselskabet NORDEN A/S

Statement of leading employees' and elected employee representatives'
transactions in NORDEN shares and related securities


According to the Danish Securities Trading Act, section 28A, the Company shall
report the following information about above mentioned persons' and their
closely related parties' transactions in the Company's shares and relevant
securities:


Leading employees:

Names: Carsten Mortensen, Michael Tønnes Jørgensen, Peter Norborg, Lars Bagge
Christensen, Kristian Wærness, Martin Badsted, Lars Lundegaard, Vibeke
Schneidermann, Peter Borup

Occasion: Allotment of employee shares

Issuer: Dampskibsselskabet NORDEN A/S

ISIN code: DK0010269844

Description: Shares

Transaction: Allotment of employee shares in accordance with the Danish Tax
Assessment Act, section 7A, subsection 1, no. 2

Commercial date: 28 January 2011

Market: NASDAQ OMX Copenhagen A/S

Number: 122 shares to each of the above mentioned persons, in total 1,098 shares

Market value in DKK: 205,030 (in total for 1,098 shares)


Holding after the transaction:

Carsten Mortensen: 30,612 shares, 290,439 options

Michael Tønnes Jørgensen: 218 shares, 67,834 options

Peter Norborg: 562 shares, 97,647 options

Lars Bagge Christensen: 2,682 shares, 104,954 options

Kristian Wærness: 2,822 shares, 58,012 options

Martin Badsted: 1,562 shares, 54,880 options

Lars Lundegaard: 562 shares, 67,378 options

Vibeke Schneidermann: 562 shares, 32,807 options

Peter Borup: 442 shares, 76,289 options


Elected employee representatives:


Names: Benn Pyrmont Johansen, Lars Enkegaard Biilmann, Bent Torry Sørensen

Occasion: Allotment of employee shares

Issuer: Dampskibsselskabet NORDEN A/S

ISIN code: DK0010269844

Description: Shares

Transaction: Allotment of employee shares in accordance with the Danish Tax
Assessment Act, section 7A, subsection 1, no. 2

Commercial date: 28 January 2011

Market: NASDAQ OMX Copenhagen A/S

Number: 122 shares to each of the above mentioned persons, in total 366 shares

Market value in DKK: 68,343 (in total for 366 shares)


Holding after the transaction:

Benn Pyrmont Johansen: 442 shares, 0 options

Lars Enkegaard Billmann: 562 shares, 0 options

Bent Torry Sørensen: 562 shares, 0 options


Kind regards,

Dampskibsselskabet NORDEN A/S


Carsten Mortensen

President & CEO


Contacts at tel. +45 3315 0451: Martin Badsted, Senior Vice President, and Hans
Bøving, Vice President and Head of Corporate Communications & CSR.


_______________________________________________________________________________


Dampskibsselskabet NORDEN A/S

52, Strandvejen

DK-2900 HELLERUP

CVR no. 67758919

www.ds-norden.com

No 5_Statement of leading employees transactions UK.pdf