SHW AG 17.11.2014 12:05Dissemination of a Voting Rights Announcement, transmitted byDGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.---------------------------------------------------------------------------JPMorgan Asset Management (UK) Limited, with regard to its shareholding inSHW AG, Aalen/Germany, has notified us by voting rights notificationpursuant to sections 21 para. 1, 22 of the German Securities Trading Act(WpHG) as follows:On 13 November 2014, the stake of JPMorgan Asset Management (UK) Limited,London/United Kingdom, in the voting rights in SHW AG fell below thethreshold of 3%. On that date, JPMorgan Asset Management (UK) Limited held2.55% of the voting rights in SHW AG (149,054 voting rights) which wereattributed to JPMorgan Asset Management (UK) Limited pursuant to section 22para. 1 sent. 1 no. 6 WpHG.SHW AGThe Management Board17.11.2014 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 ---------------------------------------------------------------------------