Employee shares in Dampskibsselskabet NORDEN A/S

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Dampskibsselskabet NORDEN A/S
_______________________________________________________________________________


NASDAQ OMX Copenhagen A/S                                    Announcement no. 2
Nikolaj Plads 6                                                 25 January 2010
1067 Copenhagen K


Employee shares in Dampskibsselskabet NORDEN A/S

The Board of Directors of Dampskibsselskabet NORDEN A/S has decided to grant
employee shares free of charge in accordance with the general Employee Share
Program of the Danish Tax Assessment Act, section 7A, subsection 1, no. 2. 

Each employee who was employed by the Company on 31 December 2009 and who
fulfils specific employment criteria will be granted 96 shares with a nominal
value of DKK 1. 

A total of 28,320 shares with a nominal value of DKK 1 are allotted at a total
market value of DKK 6,684,370. The shares will be taken from the Company's
stock of treasury shares. 

Further to company announcement of 9 February 2009, please be advised that
NORDEN during 2009 has allotted a total of 6,552 shares with a nominal value of
DKK 1 at a total market value of DKK 1,639,114 to employees who during 2009
have fulfilled specific employment criteria set forth at the general allotment
of employee shares on 6 February 2009. 

                                  Kind regards,
                         Dampskibsselskabet NORDEN A/S

                           Michael Tønnes Jørgensen
                        Executive Vice President & CFO


Contact at tel. +45 3315 0451: Michael Tønnes Jørgensen, Executive Vice
President & CFO. 

_______________________________________________________________________________

                         Dampskibsselskabet NORDEN A/S
                               52, Strandvejen
                              DK-2900 HELLERUP
                              CVR no. 67758919
                              www.ds-norden.com