DSV STRENGTHENS BUSINESS THROUGH ACQUISITION OF ROADFERRY

In a move that will further strengthen the company’s strong position in the UK and Ireland, DSV Road Holding Limited announced today that it has acquired Roadferry Limited in an approved takeover. DSV is confident the acquisition will deliver significant benefits to customers of both companies.

[ClickPress, Fri Feb 29 2008] In a move that will further strengthen the company’s strong position in the UK and Ireland, DSV Road Holding Limited announced today that it has acquired Roadferry Limited in an approved takeover. DSV is confident the acquisition will deliver significant benefits to customers of both companies.

“This move will allow DSV to significantly enhance our service offering between Great Britain and Ireland,” commented Rene Falch Olesen, Managing Director of DSV Road Limited in the UK. “We intend to invest in growing Roadferry while bringing the organisation into the DSV family.”

Roadferry has two wholly-owned subsidiaries Roadferry Transport Limited and Roadferry Transport (Ireland) Limited.Two thirds of the company's activities are located in Great Britain and one third in Ireland. The road logistics businesses of the two companies are complimentary to that of DSV and both management teams are confident that this will be a very smooth integration process.

DSV intends to integrate Roadferry into its existing organizational structure within the UK and Ireland. Group Management expects this integration to create operational as well as administrative synergies. Throughout the initial integration, customers and employees of Roadferry will experience no major changes and Roadferry Managing Director Jim McGhee will take up a company director role within DSV. Within a few months DSV hopes to improve services and company procedures. The synergies are expected to be fully implemented within a two-year period.

DSV will also be able to add significant value through Roadferry's existing involvement and significant shareholding in Palletline, the leading British pallet consortium. Again, this relationship compliments DSV’s current business and further strengthens the company’s presence in Great Britain and Ireland.
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NOTES TO EDITORS:

The aforementioned parties have agreed not to publish the acquisition price. The acquisition is not subject to approval by any authorities or the like. Roadferry Holdings Limited is a part of Peel Ports Group The realised/expected 2007 – 2008 annual revenue of Roadferry is GBP £48 million. The financial year end for Roadferry in 2008 is 31 March.

DSV is a global supplier of transport and logistics solutions. DSV in the UK offers a comprehensive range of services under the brands DSV Road, DSV Air & Sea and DSV Solutions. In the UK, DSV employs over 1500 staff in more than 25 locations. Globally DSV employs more than 19,000 staff in over 500 locations in more than 50 countries. DSV in the UK is a subsidiary of DSV Holding, which maintains a corporate head office in Copenhagen. DSV is listed on the Copenhagen Stock Exchange, Denmark, and included in the OMXC20 index as one of the 20 most actively traded shares. For more information, please visit: www.dsv.com/uk

Roadferry is one of the UK's premier logistics service companies operating throughout Great Britain and Ireland. The company was formed in the 1950s and serves a wide range of customers through its national depot network and a comprehensive, modern vehicle fleet. Roadferry is also a principal member of Palletline, the UK's leading distribution network for palletised goods. Roadferry offers a complete range of logistics services covering the transportation of full and part loads and groupage consignments.

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