SHW AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

SHW AG 20.05.2014 16:17Dissemination 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 the respective shareholding in SHWAG, Aalen/Germany, have not defied us by voting rights notificationspursuant to sections 21 para. 1, 22 of the German Securities Trading Act(WpHG) as follows:1. Schroders plcOn 16 May 2014, the stake of Schroders plc, London/United Kingdom, in thevoting rights in SHW AG exceeded the threshold of 3%. On that date,Schroders plc held 3.12% of the voting rights in SHW AG (182,841 votingrights). All such voting rights were attributed to Schroders plc pursuantto section 22 para. 1 sent. 1 no. 6 in connection with sent. 2 WpHG.2. Schroder Administration LimitedOn 16 May 2014, the stake of Schroder Administration Limited, London/UnitedKingdom, in the voting rights in SHW AG exceeded the threshold of 3%. Onthat date, Schroder Administration Limited held 3.12% of the voting rightsin SHW AG (182,841 voting rights). All of these voting rights in SHW AGwere attributed to Schroder Administration Limited pursuant to section 22para. 1 sent. 1 no. 6 in connection with sent. 2 WpHG.3. Schroder Investment Management Ltd.On 16 May 2014, the stake of Schroder Investment Management Ltd.,London/United Kingdom, in the voting rights in SHW AG exceeded thethreshold of 3%. On that date, Schroder Investment Management Ltd. held3.12% of the voting rights in SHW AG (182,841 voting rights). Thereof,1,74% of the voting rights in SHW AG (101,868 voting rights) wereattributed to Schroder Investment Management Ltd. pursuant to section 22para. 1 sent. 1 no. 6 WpHG and 1.38% of the voting rights in SHW AG (80,973voting rights) were attributed to Schroder Investment Management Ltd.pursuant to section 22 para. 1 sent. 1 no. 6 in connection with sent. 2WpHG.SHW AGThe Management Board20.05.2014 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 ---------------------------------------------------------------------------