STATEMENT OF INSIDER'S TRADING IN DSV SHARES

Stock Exchange AnnouncementNo. 407

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


Name Kaj Christiansen
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Reason Member of the Supervisory Board
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Issuer DSV A/S
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ID Code DK0060079531
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Nature of transaction Shares - Sale
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Trade date 23 August 2011
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Number 1,000
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Market price (DKK) 101,200
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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

407 - Meddelelse _23.08.2011_ - Insideres handel - UK.pdf