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GENERAL-REJECT

Copenhagen, August 29, 2012

SHIPYARD FILED FOR INSOLVENCY

DFDS orders two ro-ro newbuildings at the German shipyard P+S Werften GmbH

DFDS ordered in November 2010 two ro-ro newbuildings at the German shipyard P+S Werften GmbH, Stralsund.

The shipyard has earlier today filed for insolvency, adding further uncertainty to the shipyards ability to fulfill the contract with DFDS concerning the delivery of two ships.

The two ships were ordered as part of DFDS tonnage co-operation agreement with the Danish defence and the German defence. The parties have an ongoing dialogue about the situation, which is expected to be clarified in the coming months.

Contact persons:

Torben Carlsen, CFO +45 33 42 32 01

Søren Brøndholt Nielsen, IR +45 33 42 33 59