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<title>Share Transactions - Leading Employees</title>
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<description>Name: Ejner Kiel Bonderup</description>
<dc:creator>Karina Kjerulff Andersen</dc:creator>
<dc:date>2013-03-19T16:05:00+01:00</dc:date>
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&#x3C;p&#x3E;Name: Ejner Kiel Bonderup&#x3C;/p&#x3E;
&#x3C;p&#x3E;Occasion: Reporting duty, Executive Vice President&#x3C;/p&#x3E;
&#x3C;p&#x3E;Description: Shares&#x3C;/p&#x3E;
&#x3C;p&#x3E;Transaction: Purchase&#x3C;/p&#x3E;
&#x3C;p&#x3E;Commercial date: 19 March 2013&#x3C;/p&#x3E;
&#x3C;p&#x3E;Number: 4,042&#x3C;/p&#x3E;
&#x3C;p&#x3E;Market value in DKK: 745,830&#x3C;/p&#x3E;
&#x3C;p&#x3E;Holding after the transaction: 4,042 shares and 28,225 options&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/no52013statementoftransactions.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 5&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
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<description>As stated in NORDEN&#x2019;s annual report of 6 March 2013
...</description>
<dc:creator>Karina Kjerulff Andersen</dc:creator>
<dc:date>2013-03-14T16:05:00+01:00</dc:date>
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&#x3C;p align=&#x22;left&#x22;&#x3E;As stated in &#x3C;a href=&#x22;http://www.ds-norden.com/investor/financialnews/announcements/1362557723.html&#x22;&#x3E;NORDEN&#x2019;s annual report of 6 March 2013&#x3C;/a&#x3E;, NORDEN has established a share option programme for leading employees and other key employees, in total 62 employees (against 68 employees last year). Each share option entitles the recipient to acquire one NORDEN share with a nominal value of DKK 1. The programme includes a total of 400,000 share options (against 350,000 share options last year). The share options may be exercised in the period from 6 March 2016 to 6 March 2019.&#x3C;/p&#x3E;
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<title>Share Transactions - Leading Employees</title>
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<description>Name: Ole Clausen
Occasion: Reporting duty, employee-elected member of the Board of Directors</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2013-03-06T14:25:00+01:00</dc:date>
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Number: 300&#x3C;br&#x3E;
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<description>Name: Michael T&#xF8;nnes J&#xF8;rgensen
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<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2012-08-15T14:05:00+02:00</dc:date>
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&#x3C;p&#x3E;&#x3C;br&#x3E;
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<title>Share Transactions - Leading Employees</title>
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<description>Name: Carsten Mortensen
Occasion: Reporting duty, President &#x26; CEO</description>
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<dc:date>2012-05-15T12:15:00+02:00</dc:date>
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<description>Statement of leading employees&#x2019; transactions with NORDEN shares and related securities As stated in NORDEN&#x2019;s annual repo...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2012-03-15T13:45:00+01:00</dc:date>
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<description>Statement of leading employees&#x2019; and elected employee representatives&#x2019; transactions in NORDEN shares and related securiti...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2012-01-23T14:35:00+01:00</dc:date>
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&#x3C;p&#x3E;According to the Danish Securities Trading Act, section 28A, the Company shall report the following information about above mentioned persons&#x2019; and their closely related parties&#x2019; transactions in the Company&#x2019;s shares and related securities:&#x3C;/p&#x3E;
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Names: Carsten Mortensen, Michael T&#xF8;nnes J&#xF8;rgensen, Peter Norborg, Lars Bagge Christensen, Kristian W&#xE6;rness, Martin Badsted, Lars Lundegaard, Vibeke Schneidermann, Peter Borup.&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#x3C;strong&#x3E;Elected employee representatives:&#x3C;/strong&#x3E;&#x3C;br&#x3E;
Names: Benn Pyrmont Johansen, Lars Enkegaard Biilmann, Bent Torry S&#xF8;rensen.&#x3C;/p&#x3E;
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<title>Share transactions - Leading employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/1313577959.html</link>
<description>Name: Carsten Mortensen
Occasion: Reporting duty, President &#x26; CEO
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2011-08-17T12:40:00+02:00</dc:date>
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<description>Name: Michael T&#xF8;nnes J&#xF8;rgensen
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<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2011-08-16T17:30:00+02:00</dc:date>
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<title>Share transactions - Leading employees</title>
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<description>Name: Kristian W&#xE6;rness
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<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
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<title>Share transactions - Leading employees</title>
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<description>Name: Peter Borup
Occasion: Reporting duty, Senior Vice President
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Britt Christiansen</dc:creator>
<dc:date>2011-07-01T11:25:00+02:00</dc:date>
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<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/1305191597.html</link>
<description>Name: Carsten Mortensen
Occasion: Reporting duty, President &#x26; CEO
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2011-05-12T11:10:00+02:00</dc:date>
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&#x3C;p&#x3E;Name: Carsten Mortensen&#x3C;br&#x3E;
Occasion: Reporting duty, President &#x26; CEO&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;/p&#x3E;
&#x3C;p&#x3E;Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 12 May 2011&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 5,400&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/252011Statementofleadingemployeestransactions.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 25 full wording&#x3C;/a&#x3E;&#x3C;br&#x3E;
&#xA0;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/5784.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/5784.html</link>
<description>Statement of leading employees&#x2019; transactions with NORDEN shares and related securities As stated in NORDEN&#x2019;s annual repo...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2011-03-10T11:20:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p align=&#x22;justify&#x22;&#x3E;Statement of leading employees&#x2019; transactions with NORDEN shares and related securities As stated in NORDEN&#x2019;s &#x3C;a href=&#x22;/investor/financialnews/announcements/5778.html&#x22;&#x3E;annual report of 2 March 2011&#x3C;/a&#x3E;, NORDEN has established a share option programme for leading employees and other key employees, in total 65 employees (against 59 employees last year). Each share option entitles the recipient to acquire 1 NORDEN share denominated in DKK. Like last year, the programme constitutes 0.78% of the share capital. The share options may be exercised in the period from 2 March 2014 to 2 March 2017. The exercise price of the options is determined as the five-day average of the market price following 2 March 2011, less all dividend payments after 2 March 2011 plus an addition of 20%. Previously, 8% p.a. was added up to any exercise less all dividend payments. With the exception of the addition, these conditions are identical with those established by the Company for 59 employees in March 2010. According to section 28A of the Danish Securities Trading Act, the Company shall report the following information about the transactions of leading employees and their closely related parties in the Company&#x2019;s shares and related securities:&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/No_13_Statementofleadingemployeestransactions.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 13 in full&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/5694.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/5694.html</link>
<description>Statement of leading employees&#x2019; and elected employee representatives&#x2019; transactions in NORDEN shares and related securiti...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2011-01-31T14:50:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;h2&#x3E;&#x3C;a id=&#x22;id3416817&#x22; name=&#x22;id3416817&#x22;&#x3E;&#x3C;/a&#x3E;Statement of leading employees&#x2019; and elected employee representatives&#x2019; transactions in NORDEN shares and related securities&#x3C;/h2&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;According to the Danish Securities Trading Act, section 28A, the Company shall report the following information about above mentioned persons&#x2019; and their closely related parties&#x2019; transactions in the Company&#x2019;s shares and relevant securities:&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;&#x3C;strong&#x3E;Leading employees:&#x3C;br&#x3E;&#x3C;/strong&#x3E;Names: Carsten Mortensen, Michael T&#xF8;nnes J&#xF8;rgensen, Peter Norborg, Lars Bagge Christensen, Kristian W&#xE6;rness, Martin Badsted, Lars Lundegaard, Vibeke Schneidermann, Peter Borup&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;&#x3C;strong&#x3E;Elected employee representatives:&#x3C;br&#x3E;&#x3C;/strong&#x3E;Names: Benn Pyrmont Johansen, Lars Enkegaard Biilmann, Bent Torry S&#xF8;rensen&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/5StatementofleadingemployeestransactionsUK.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 5 in full&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/5608.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/5608.html</link>
<description>Name: Kristian W&#xE6;rness
Occasion: Senior Vice President
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2010-11-17T11:20:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: Kristian W&#xE6;rness&#x3C;br&#x3E;
Occasion: Senior Vice President&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;br&#x3E;
&#x3C;br&#x3E;
Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 16 November 2010&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 1,103&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/24Reportoftransactionsofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 24 in full&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/5183.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/5183.html</link>
<description>Name: Carsten Mortensen
Occasion: President &#x26; CEO
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2010-08-17T11:45:00+02:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: Carsten Mortensen&#x3C;br&#x3E;
Occasion: President &#x26; CEO&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;/p&#x3E;
&#x3C;p&#x3E;Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 17 August 2010&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 4,250&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/21Statementoftransactionsofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 21&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4979.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4979.html</link>
<description>As reported in NORDEN&#x2019;s annual report of 9 March 2010...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2010-03-17T21:05:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p align=&#x22;justify&#x22;&#x3E;As reported in NORDEN&#x2019;s annual report of 9 March 2010, NORDEN has established an option programme for leading employees and other key employees, in total 59 employees. Each share option entitles the recipient to acquire one share denominated DKK 1 in NORDEN. This year, the programme has been reduced to 0.78% of the share capital (against 0.85% the previous year). The share options may be exercised in the period from 9 March 2013 to 9 March 2016.&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;The exercise price of the options is determined as the five-day average of the market price following 9 March 2010, less all dividend payments after 9 March 2010 and plus an effective interest rate of 8% p.a. until any exercise. These are the same conditions which apply to the option programme which the Company established for 56 employees in March 2009.&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;According to section 28A of the Danish Securities Trading Act, the Company shall report the following information about the Company&#x2019;s senior executives&#x2019; and their closely related parties&#x2019; transactions with the Company&#x2019;s shares an relevant securities:&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/9Reportoftransactionsofseniorexecutivesmar2010.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 9 in full&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4885.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4885.html</link>
<description>Leading employees:</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2010-01-26T14:00:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p align=&#x22;left&#x22;&#x3E;&#x3C;strong&#x3E;Leading employees:&#x3C;/strong&#x3E;&#x3C;/p&#x3E;
&#x3C;p align=&#x22;left&#x22;&#x3E;Names: Carsten Mortensen, Lars Bagge Christensen, Kristian W&#xE6;rness, Martin Badsted, Lars Lundegaard, Vibeke Schneidermann, Peter Norborg, Peter Borup, Michael T&#xF8;nnes J&#xF8;rgensen&#x3C;br&#x3E;
Occasion: Allotment of employee shares&#x3C;/p&#x3E;
&#x3C;p align=&#x22;left&#x22;&#x3E;Transaction: Allotment of employee shares in accordance with the Danish Tax Assessment Act, section 7A, subsection 1, no. 2&#x3C;br&#x3E;
Number: 96 shares to each of the above mentioned persons, total 864 shares&#x3C;/p&#x3E;
&#x3C;p align=&#x22;left&#x22;&#x3E;&#x3C;strong&#x3E;Elected employee representatives:&#x3C;/strong&#x3E;&#x3C;/p&#x3E;
&#x3C;p align=&#x22;left&#x22;&#x3E;Names: Benn Pyrmont Johansen, Lars Enkegaard Billmann, Bent Torry S&#xF8;rensen&#x3C;br&#x3E;
Occasion: Allotment of employee shares&#x3C;/p&#x3E;
&#x3C;p align=&#x22;left&#x22;&#x3E;Transaction: Allotment of employee shares in accordance with the Danish Tax Assessment Act, section 7A, subsection 1, no. 2&#x3C;br&#x3E;
Number: 96 shares to each of the above mentioned persons, total 288 shares&#x3C;/p&#x3E;
&#x3C;p align=&#x22;left&#x22;&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/4Reportoftransactionsofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 4 in full&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#xA0;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4827.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4827.html</link>
<description>Name: Arvid Grundekj&#xF8;n (member of the Board of Directors)
Issuer: Dampskibsselskabet NORDEN A/S
Description: Shares
Tran...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-12-02T16:05:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: Arvid Grundekj&#xF8;n (member of the Board of Directors)&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;br&#x3E;
Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 2 December 2009&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 5,000&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/35Reportoftransactionofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 35&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4748.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4748.html</link>
<description>Name: Carsten Mortensen
Occasion: President &#x26; CEO
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-09-14T11:35:00+02:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: Carsten Mortensen&#x3C;br&#x3E;
Occasion: President &#x26; CEO&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;/p&#x3E;
&#x3C;p&#x3E;Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 14 September 2009&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 3,000&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/32Reportoftransactionofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 32&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4734.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4734.html</link>
<description>Name: H&#xF8;jsgaards Rederi ApS
Occasion: Closely related, ref. the Danish Securities Trading Act, section 28A, subsection 4...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-09-04T15:10:00+02:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: H&#xF8;jsgaards Rederi ApS&#x3C;br&#x3E;
Occasion: Closely related, ref. the Danish Securities Trading Act, section 28A, subsection 4, paras. 4, schedule b)&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;/p&#x3E;
&#x3C;p&#x3E;Transaction: Acquisition of shares&#x3C;br&#x3E;
Commercial date: 4 September 2009&#x3C;br&#x3E;
Number: 545&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/29Reportoftransactionofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 29&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#xA0;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4727.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4727.html</link>
<description>Name: H&#xF8;jsgaards Rederi ApS
Occasion: Closely related
Issuer: Dampskibsselskabet NORDEN A/S</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-09-01T15:35:00+02:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: H&#xF8;jsgaards Rederi ApS&#x3C;br&#x3E;
Occasion: Closely related&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;/p&#x3E;
&#x3C;p&#x3E;Description: Shares&#x3C;br&#x3E;
Transaction: Sale of shares&#x3C;br&#x3E;
Commercial date: 31 August 2009&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 545&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/27Reportoftransactionofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 27&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4640.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4640.html</link>
<description>Name: Kristian W&#xE6;rness
Occasion: Senior Vice President
Issuer: Dampskibsselskabet NORDEN A/S

Description: Shares
Transa...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-04-16T15:10:00+02:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: Kristian W&#xE6;rness&#x3C;br&#x3E;
Occasion: Senior Vice President&#x3C;br&#x3E;
Issuer: Dampskibsselskabet NORDEN A/S&#x3C;br&#x3E;
&#x3C;br&#x3E;
Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 16 April 2009&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 1,157&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/No18Reportoftransactionofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 18&#x3C;/a&#x3E;&#x3C;/p&#x3E;
&#x3C;p&#x3E;&#xA0;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4637.html">
<title>Share Transactions - Leading Employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4637.html</link>
<description>Name: Karsten Knudsen (member of the Board of Diretors)
Occasion: Closely related, ref...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-04-15T09:30:00+02:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share Transactions - Leading Employees&#x3C;/h1&#x3E;


&#x3C;p&#x3E;Name: Karsten Knudsen (member of the Board of Diretors)&#x3C;br&#x3E;
Occasion: Closely related, ref. The Danish Securities Trading Act, section 28A, subsection 4, paras. 4, schedule b)&#x3C;/p&#x3E;
&#x3C;p&#x3E;Issuer: Dampskibsselskabet NORDEN A/S&#x3C;br&#x3E;
Description: Shares&#x3C;br&#x3E;
Transaction: Purchase&#x3C;br&#x3E;
Commercial date: 2 April 2009&#x3C;br&#x3E;
Market: NASDAQ OMX Copenhagen A/S&#x3C;br&#x3E;
Number: 600&#x3C;/p&#x3E;
&#x3C;p&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/16Reportoftransactionsofseniorexecutives.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 16&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
</item>
<item rdf:about="http://www.ds-norden.com/investor/financialnews/sharetransactions/4605.html">
<title>Share option programme for leading employees</title>
<link>http://www.ds-norden.com/investor/financialnews/sharetransactions/4605.html</link>
<description>We refer to company announcement no. 9 dated 10 March 2009 regarding the option programme for leading employees
...</description>
<dc:creator>Dampskibsselskabet NORDEN A/S</dc:creator>
<dc:date>2009-03-18T09:00:00+01:00</dc:date>
<content:encoded>
&#x3C;h1&#x3E;Share option programme for leading employees&#x3C;/h1&#x3E;


&#x3C;p align=&#x22;justify&#x22;&#x3E;We refer to company &#x3C;a href=&#x22;/investor/financialnews/sharetransactions/4592.html&#x22;&#x3E;announcement No 9&#x3C;/a&#x3E; dated 10 March 2009 regarding the option programme for leading employees. In this announcement, an estimated theoretical Black-Scholes value of granted options was provided.&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;The exercise price of the options granted on 10 March 2009 has now been determined.&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E;The theoretical Black-Scholes value of each option can therefore now be determined as DKK 42.83. The calculation is based on the following assumptions: that all options are exercised at the earliest time possible, a volatility of 59.4%, an annual dividend rate of DKK 10 per share, and a risk free interest rate of 2.21%.&#x3C;/p&#x3E;
&#x3C;p align=&#x22;justify&#x22;&#x3E; &#x3C;a href=&#x22;/public/dokumenter/news_english/14Exercisepriceofoptions.pdf&#x22;&#x3E;&#x3C;span style=&#x22;text-transform:uppercase;&#x22;&#x3E;pdf&#x3C;/span&#x3E; Announcement No 14&#x3C;/a&#x3E;&#x3C;/p&#x3E;</content:encoded>
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