SHW AG 23.02.2015 11:28Dissemination 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 distributionHenderson Horizon Fund, SICAV, with regard to its shareholding in SHW AG,Aalen/Germany, has notified us by voting rights notification pursuant tosection 21 para. 1 of the German Securities Trading Act (WpHG) as follows:On 6 November 2014, the stake of Henderson Horizon Fund, SICAV,Luxembourg/Luxembourg, in the voting rights in SHW AG, Wilhelmstrasse 67,73433 Aalen-Wasseralfingen/Germany, fell below the threshold of 3%. On thatdate, Henderson Horizon Fund, SICAV directly held 2.99% of the votingrights in SHW AG (174,811 voting rights).SHW AGThe Management Board23.02.2015 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 ---------------------------------------------------------------------------