SHW AG 27.11.2014 14:16Dissemination of a Voting Rights Announcement, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------SHW AGRelease pursuant to section 26 para. 1 sentence 1 of the German SecuritiesTrading Act (WpHG) with the objective of Europe-wide distributionUBS 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 20 November 2014, the stake of UBS AG, Zurich/Switzerland, in the votingrights in SHW AG exceeded the threshold of 5%. On that date, UBS AG held6.07% of the voting rights in SHW AG (355,407 voting rights). Thereof,2.83% of the voting rights in SHW AG (165,726 voting rights) were directlyheld by UBS AG and 3.24% of the voting rights in SHW AG (189,681 votingrights) were attributed to UBS AG pursuant to section 22 para. 1 sent. 1no. 1 WpHG.SHW AGThe Management Board27.11.2014 The DGAP 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 ---------------------------------------------------------------------------