SHW AG 23.03.2015 10:39Dissemination 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 sent. 1 of the German SecuritiesTrading Act (WpHG) with the objective of Europe-wide distributionThe following entities, with regard to their respective shareholdings inSHW AG, Aalen/Germany, have notified us by voting rights notificationspursuant to sections 21 para. 1, 22 of the German Securities Trading Act(WpHG) as follows:1. FIL LimitedOn 20 March 2015, the stake of FIL Limited, Hamilton/Bermuda, in the votingrights in SHW AG, Wilhelmstrasse 67, 73433 Aalen/Germany, exceeded thethreshold of 3%. On that date, FIL Limited held 3.001% of the voting rightsin SHW AG (193,169 voting rights). All such voting rights were attributedto FIL Limited pursuant to section 22 para. 1 sent. 1 no. 6 WpHG. Thevoting rights were attributed to FIL Limited from Fidelity Funds SICAV,being a shareholder holding directly 3% or more of the voting rights in SHWAG.2. FIL Holdings (UK) LimitedOn 20 March 2015, the stake of FIL Holdings (UK) Limited,Hildenborough/United Kingdom, in the voting rights in SHW AG,Wilhelmstrasse 67, 73433 Aalen/Germany, exceeded the threshold of 3%. Onthat date, FIL Holdings (UK) Limited held 3.001% of the voting rights inSHW AG (193,169 voting rights). All such voting rights were attributed toFIL Holdings (UK) Limited pursuant to section 22 para. 1 sent. 1 no. 6 inconnection with sent. 2 WpHG. The voting rights were attributed to FILHoldings (UK) Limited from Fidelity Funds SICAV, being a shareholderholding directly 3% or more of the voting rights in SHW AG.3. FIL Investments InternationalOn 20 March 2015, the stake of FIL Investments International,Hildenborough/United Kingdom, in the voting rights in SHW AG,Wilhelmstrasse 67, 73433 Aalen/Germany, exceeded the threshold of 3%. Onthat date, FIL Investments International held 3.001% of the voting rightsin SHW AG (193,169 voting rights). All such voting rights were attributedto FIL Investments International pursuant to section 22 para. 1 sent. 1 no.6 WpHG. The voting rights were attributed to FIL Investments Internationalfrom Fidelity Funds SICAV, being a shareholder holding directly 3% or moreof the voting rights in SHW AG.4. Fidelity Funds SICAVOn 20 March 2015, the stake of Fidelity Funds SICAV, Luxembourg/Luxembourg,in the voting rights in SHW AG, Wilhelmstrasse 67, 73433 Aalen/Germany,exceeded the threshold of 3%. On that date, Fidelity Funds SICAV directlyheld 3.001% of the voting rights in SHW AG (193,169 voting rights).SHW AGThe Management Board23.03.2015 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 ---------------------------------------------------------------------------