A contract was signed today with the previous owners, Deutsche Bahn AG and the Danish Ministry of Transport and Energy. The mutual agreement is subject to approval by the boardof Deutsche Bahn AG, the Finance Committee in the Danish parliament and anti-trust authorities.

ACP and 3i will each hold 40 percent each of the shares of the consortium while DSR will hold 20 percent of the shares.

The consortium plans to further strengthen and develop Scandlines Group as a ferryshipping company in the Baltic Sea region. For that purpose the consortium hasagreed on a long-term business plan which relies on the qualified and well-skilledemployees of Scandlines Group. The consortium has therefore agreed not to lay-offany employees for operational reasons until December 31, 2010.

The new owners have the mutual intention to seek a listing of Scandlines Group onthe stock exchange. At the time of any IPO DSR has the opportunity to take over theindustrial leadership.The sellers and the buyers are convinced that the consortium is the best basis forsecuring the future of Scandlines Group and its various locations in the long run.

The consortium will appoint Jan Stenberg, the former chief executive of SAS and aformer supervisory board member of Lufthansa, to become chairman of the supervisory board of the Scandlines Group.

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