SHW AG 28.05.2014 16:49Dissemination 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 tosection 25a of the German Securities Trading Act (WpHG) as follows:1. Listed company:SHW AGWilhelmstraße 67, 73433 Aalen/Germany2. Notifier:UBS AG, Zurich/Switzerland3. Triggering event:Falling below threshold4. Threshold(s) crossed or reached:5 %5. Date at which the threshold is crossed or reached: 21.05.20146. Total amount of voting rights:4.56 % (equals 266,776 voting rights)calculated from the following total number of voting rights issued:5,851,1007. Detailed information on the voting rights proportion:Voting rights proportion based on financial/other instruments pursuant tosec. 25a WpHG:0.12% (equals 6,905 voting rights)thereof held indirectly:                                                   0.00% (equals 0 voting rights)Voting rights proportion based on financial/other instruments pursuant tosec. 25 WpHG:1.49% (equals 87,371 voting rights)thereof held indirectly:                                                   0.00% (equals 0 voting rights)Voting rights pursuant to sec. 21, 22 WpHG:                                2.95% (equals 172,500 voting rights)8. Detailed information on financial/other instruments pursuant to sec. 25aWpHG:ISIN or name/description of the financial/other instrument:Equity swapExpiration date:30.06.2015SHW AGThe Management Board28.05.2014 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 ---------------------------------------------------------------------------