SHW AG 17.09.2014 12:13Dissemination of a Voting Rights Announcement, transmitted byDGAP - a service 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 notified us by voting rights notifications pursuantto sections 21 para. 1, 22 of the German Securities Trading Act (WpHG) asfollows:1. Schroders plcOn 4 September 2014, the stake of Schroders plc, London/United Kingdom, inthe voting rights in SHW AG fell below the threshold of 3%. On that date,Schroders plc held 2.99% of the voting rights in SHW AG (175,188 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 4 September 2014, the stake of Schroder Administration Limited,London/United Kingdom, in the voting rights in SHW AG fell below thethreshold of 3%. On that date, Schroder Administration Limited held 2.99%of the voting rights in SHW AG (175,188 voting rights). All of these votingrights in SHW AG were attributed to Schroder Administration Limitedpursuant to section 22 para. 1 sent. 1 no. 6 in connection with sent. 2WpHG.3. Schroder Investment Management Ltd.On 4 September 2014, the stake of Schroder Investment Management Ltd.,London/United Kingdom, in the voting rights in SHW AG fell below thethreshold of 3%. On that date, Schroder Investment Management Ltd. held2.99% of the voting rights in SHW AG (175,188 voting rights). Thereof,1.64% of the voting rights in SHW AG (95,888 voting rights) were attributedto Schroder Investment Management Ltd. pursuant to section 22 para. 1 sent.1 no. 6 WpHG and 1.36% of the voting rights in SHW AG (79,300 votingrights) were attributed to Schroder Investment Management Ltd. pursuant tosection 22 para. 1 sent. 1 no. 6 in connection with sent. 2 WpHG.SHW AGThe Management Board17.09.2014 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 ---------------------------------------------------------------------------