Copenhagen, 17 November 2010 Announcement no. 42/2010 DFDS' financial performance in Q3 2010 was as a whole better than expected, and the pre-tax profit forecast for the full year - excluding special items related to Norfolkline - has been upgraded to approximately DKK 375 m from the previous DKK 325 m. "We have gotten off to a really good start in the integration of DFDS and Norfolkline, both in operational terms and culturally, and the potential that we see in front of us meets our expectations. Performance-wise, we are very satisfied with the third quarter, in which volume growth in the freight market, particularly in the Baltic Sea, remained at a higher level than expected," says CEO Niels Smedegaard. DFDS key figures Q3 Q3 Q3 Q3 DKK mill. 2009 2010 2009 2010 Revenue 1,820 3,359 4,899 6,921 EBITDA before special items 317 539 628 989 Profit befor tax and special items 144 288 78 387 Special items n.a. -63 n.a. -84 Profit before tax 144 225 78 303 Results Q3: • Revenue increased by 84.6% to DKK 3,359 m • Operating profit (EBITDA) before special items increased by 70.1% til DKK 539 m • Profit before tax and special items increased by 100% to DKK 288 m Trends in markets and activities: • Volumes continued to grow in the North European freight and logistics market • Solid growth in passenger and freight activities in the Baltic Sea • North Sea impacted by imbalances in freight flows • Passenger markets in the route network were generally stable and growing • Activities in the Irish Sea remain impacted by overcapacity • Freight volumes and rates in the English Channel negatively impacted by increased price competition from Eurotunnel Profit forecast for 2010: • For the full year 2010, a profit before special items and tax of around DKK 375 m is expected. The previous pre-tax profit forecast was approximately DKK 325 m • Special cost items are expected to amount to DKK 125 m against previously DKK 150 m