SHW AG 20.04.2015 11:48Dissemination 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 distributionAllianz Global Investors GmbH, 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:The percentage of voting rights of Allianz Global Investors GmbH, Frankfurtam Main / Germany, in the company SHW AG, Wilhelmstrasse 67, 73433Aalen-Wasseralfingen / Germany, fell below the 5 percent threshold to apercentage of 4.93 percent as per settlement date 14 April 2015. Thiscorresponds to 317,602 out of a total of 6,436,209 voting rights issued bythe company.Of these voting rights 2.66 percent is to be attributed to Allianz GlobalInvestors GmbH pursuant to Section 22 (1) sentence 1 No. 6 WpHG. Thiscorresponds to 171,238 out of a total of 6,436,209 voting rights issued bythe company.SHW AGThe Management Board20.04.2015 The DGAP Distribution Services include Regulatory Announcements,Financial/Corporate News and Press Releases.Media archive at and Language:     EnglishCompany:      SHW AG              Wilhelmstrasse 67              73433 Aalen-Wasseralfingen              GermanyInternet: End of Announcement                             DGAP News-Service ---------------------------------------------------------------------------