Notification concerning transactions by persons performing managerial responsibilities pursuant to section 15a of the WpHG Directors' Dealings notification transmitted by DGAP - a company of EQS Group AG. The person with duty of notification is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Details of the person subject to the disclosure requirement Last name: Schneider First name: Anton Position: Member of an administrative or supervisory body Information about the transaction with duty of notification Description of the financial instrument: SHW AG bearer shares ISIN/WKN of the financial instrument: DE000A1JBPV9 Type of transaction: sale OTC Date: 27.11.2013 Price: 43.81 Currency: EUR No. of items: 526 Total amount traded: 23044.06 Place: over the counter Information about the company with duty of publication Issuer: SHW AG Wilhelmstrasse 67 73433 Aalen-Wasseralfingen Deutschland ISIN: DE000A1JBPV9 WKN: A1JBPV End of Directors' Dealings Notification (c) DGAP 02.12.2013 DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de ID 17980