DFDS A/S
DECISION ON SALE OF SEAFRANCE ASSETS

DFDS A/S 

11.06.2012 23:55
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Copenhagen, 2012-06-11 23:55 CEST (GLOBE NEWSWIRE) -- Announcement no. 16/2012

Today the commercial court of Paris decided to sell the three former SeaFrance
ferries and other assets to Eurotunnel, following a bidding process in which
DFDS/LDA also participated. 

DFDS has voiced concern to EU
Eurotunnel's stated intention of deploying SeaFrance's ferries between Dover
and Calais has prompted DFDS to voice its concern to relevant national
competition authorities regarding the compliance of such a transaction with
applicable merger control rules as Eurotunnel's current market share on the
Channel (Dover Strait) exceeds 40%. DFDS' total current market share is around
18%. 

DFDS has also voiced its concern about the potential involvement of public
funding and suggested the European Commission to investigate this further in
continuation of the Commission's decision of 2011 not to allow further state
aid to SeaFrance. 

DFDS' commitment to the Channel
To meet demand from passengers and freight customers, DFDS/LDA opened a new
route between Dover and Calais in February 2012 following the reduction of
transport capacity on the Dover Strait after SeaFrance was closed in January
2012. 

The route now deploys two chartered ships. The first ship was deployed in
February 2012 and at the end of April 2012 a second ship was deployed. The
Dover-Calais route has now created 300 new jobs. 

DFDS/LDA is committed to the future development of the new Dover-Calais route
and the incumbent Dover-Dunkirk route, and not least the long-term employment
of a total of about 1,000 staff on the two routes. In total, DFDS/LDA deploys
five ships on the Dover Strait. 






         Niels Smedegaard, CEO +45 33 42 34 00
         
         Torben Carlsen, CFO +45 33 42 32 01
         
         Søren Brøndholt Nielsen, IR +45 33 42 33 59
News Source: NASDAQ OMX



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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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