SHW AG 16.05.2014 14:54Dissemination of a Voting Rights Announcement, transmitted byDGAP - a company of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------UBS AG, Zurich/Switzerland, with regard to its shareholding in SHW AG,Aalen/Germany, has notified us by voting rights notification pursuant tosections 21 para. 1, 22 of the German Securities Trading Act (WpHG) asfollows:On 13 May 2014, the stake of UBS AG, Zurich/Switzerland, in the votingrights in SHW AG fell below the threshold of 3%. On that date, UBS AG held2.85% of the voting rights in SHW AG (166,710 voting rights). Thereof,0.04% of the voting rights in SHW AG (2,547 voting rights) were directlyheld by UBS AG and 2.81% of the voting rights in SHW AG (164,163 votingrights) were attributed to UBS AG pursuant to section 22 para. 1 sent. 1no. 1 WpHG.SHW AGThe Management Board16.05.2014 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 ---------------------------------------------------------------------------