Correction of the release pursuant to section 26 para. 1 sentence 1 of the German Securities Trading Act (WpHG) with the objective of Europe-wide distribution dated 28 November 2013

SHW AG 23.04.2014 17:33Dissemination of a Voting Rights Announcement, transmitted byDGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------The following companies, with regard to their shareholding in SHW AG,Aalen/Germany, have notified us by voting rights notifications pursuant tosections 21 para. 1, 22 of the German Securities Trading Act (WpHG) asfollows:1. Henderson Horizon Fund, SICAVOn 7 November 2013, the stake of Henderson Horizon Fund, SICAV,Luxembourg/Luxembourg, in the voting rights in SHW AG exceeded thethreshold of 3 percent and amounted to 4.32 percent (252,860 ordinaryshares (Stammaktien)) in relation to all voting rights in SHW AG. Allvoting rights in SHW AG were held directly by Henderson Horizon Fund,SICAV.2. Henderson Global Investors (Holdings) plcOn 7 November 2013, the stake of Henderson Global Investors (Holdings) plc,London/United Kingdom, in the voting rights in SHW AG exceeded thethresholds of 3 percent and 5 percent and amounted to 9.78 percent (572,311ordinary shares (Stammaktien)) in relation to all voting rights in SHW AG.All voting rights in SHW AG were attributed to Henderson Global Investors(Holdings) plc pursuant to section 22 para. 1 sent. 1 no. 6 in connectionwith sent. 2 WpHG. The voting rights were attributed to Henderson GlobalInvestors (Holdings) plc from, inter alia, Henderson Horizon Fund, SICAV,being a shareholder holding directly 3 percent or more of the voting rightsin SHW AG.SHW AGThe Management Board23.04.2014 DGAP's Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at www.dgap-medientreff.de and www.dgap.de--------------------------------------------------------------------------- Language:     EnglishCompany:      SHW AG              Wilhelmstrasse 67              73433 Aalen-Wasseralfingen              GermanyInternet:     www.shw.de End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------