Levels in Dy-162 have been studied in the Dy-161(alpha, He-3) and Dy-163(He-3, alpha) reactions with 50 MeV alpha- and He-3-beams from the KVI cyclotron in Groningen. The reaction products were analyzed in the QMG/2 magnetic spectrograph and registered in a two-dimensional detector system. The observed levels and cross sections are well described by the Nilsson model with the exception of the three levels at 1578, 1759 and 1990 keV. The present data combined with previous results strongly indicate that these levels are the spin-4, -6, and -8 members of the S-band.(~)[GRAPHICS