Stacey Jones
New York
+1 (917) 452 6561

Henrik Mulvad
+45 7228 8000

April 19, 2004
DSV, Denmark's Largest Transport Group, to Outsource its IT Operations and Development to Accenture

Outsourcing project covers 30 European countries

COPENHAGEN, Denmark; April 19 , 2004 – DSV Group, Denmark’s largest transport group and one of Northern Europe’s largest transport and logistics services companies, has signed an agreement to outsource its IT operations and systems development functions to Accenture. The agreement, which covers 30 countries in Europe, aims at optimizing DSV Group’s business processes.

As part of the agreement, 72 employees from DSV’s IT departments will transfer to Accenture. Additional terms of the contract were not disclosed.

Through the arrangement with Accenture, DSV expects to reduce its IT costs significantly and to enhance the security of its current IT operations considerably. The initiative supports DSV’s strategy to concentrate on its core competences as a leading international provider of transport solutions and logistics.

"Accenture’s structure and capabilities are well-suited to our European and global business strategy," said Leif Tullberg, managing director of DSV. "The company possesses the geographical reach, resources and readiness in the European market to provide us with a fast and flexible IT implementation in case DSV makes new acquisitions."

"Transportation and logistics are a growing and changing industry," said Henrik Mulvad, a partner in Accenture’s Transportation & Travel Services industry group. "DSV is an exciting client with a professional approach to outsourcing. We look forward to helping the company improve its performance and provide even better service to its customers."

About DSV Group
The DSV Group is Denmark’s largest and leading supplier of transport - and logistics services. DSV has established its own operations in 30 countries in Europe, North America and the Far East. The Group has 10.000 employees worldwide and an annual turnover of approximately 18 billion DKK. The Group has three divisions: DFDS Transport (road), DFDS Transport Air & Sea and TNT DFDS Transport Logistics.

About Accenture
Accenture is a global management consulting, technology services and outsourcing company. Committed to delivering innovation, Accenture collaborates with its clients to help them become high-performance businesses and governments. With deep industry and business process expertise, broad global resources and a proven track record, Accenture can mobilize the right people, skills, and technologies to help clients improve their performance. With approximately 90,000 people in 48 countries, the company generated net revenues of US$11.8 billion for the fiscal year ended Aug. 31, 2003. Its home page is www.accenture.com.

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