DFDS A/S
NEWBUILDING CONTRACTS CANCELLED

DFDS A/S 

13.09.2012 11:21

Dissemination of a Adhoc News, transmitted by DGAP - a company of
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The issuer is solely responsible for the content of this announcement.

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Announcement no.  22/2012



Today, DFDS has cancelled the contracts with the German shipyard P+S Werften
GmbH, Stralsund, concerning the construction of two freight ships (ro-ro)
ordered in November 2010. 

The contracts are cancelled on account of the shipyard's breach of several
terms of the contracts. 

Thereby, DFDS' investment commitment for the newbuildings of around DKK 1.0bn
ceases. The payments that have been made to the shipyard are covered by a bank
guarantee. 

The consequences of the cancellation of the contracts for DFDS' future tonnage
requirements cannot at this stage be determined with a reasonable level of
certainty. Likewise, the amount of any one-off costs that may result from the
cancellation cannot yet be determined. The newbuildings were included in DFDS'
expectation for investments for 2012 with an amount of DKK 450m. 



Contacts:
 Torben Carlsen, CFO
+45 33 42 32 01

Søren Brøndholt Nielsen, IR
+45 33 42 33 59

Gert Jakobsen,
Vice President, Communications
+45 24 40 00 43
News Source: NASDAQ OMX



13.09.2012 DGAP's Distribution Services include Regulatory Announcements,
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Language:     English
Company:      DFDS A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0010259027
WKN:          
 
End of Announcement                             DGAP News-Service
 
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