SHW AG 10.11.2015 16:09Dissemination 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 entities, with regard to their respective shareholdings inSHW AG, Aalen/Germany, have notified us by voting rights notificationspursuant to sections 21 para. 1, 22 of the German Securities Trading Act(WpHG) as follows:1. BlackRock, Inc.On 5 November 2015, the stake of BlackRock, Inc., Wilmington, DE/U.S.A., inthe voting rights in SHW AG, Wilhelmstrasse 67, 73433Aalen-Wasseralfingen/Germany, exceeded the threshold of 3%. On that date,BlackRock, Inc. held 3.11% of the voting rights in SHW AG (200,228 votingrights). Thereof, 0.16% of the voting rights in SHW AG (10,095 votingrights) were attributed to BlackRock, Inc. pursuant to section 22 para. 1sent. 1 no. 1 WpHG, 0.11% of the voting rights in SHW AG (6,938 votingrights) were attributed to BlackRock, Inc. pursuant to section 22 para. 1sent. 1 no. 2 in connection with sent. 2 WpHG and 2.95% of the votingrights in SHW AG (190,133 voting rights) were attributed to BlackRock, Inc.pursuant to section 22 par. 1 sent 1 no. 6 in connection with sent. 2 WpHG.2. BlackRock Holdco 2, Inc.On 5 November 2015, the stake of BlackRock Holdco 2, Inc., Wilmington,DE/U.S.A., in the voting rights in SHW AG, Wilhelmstrasse 67, 73433Aalen-Wasseralfingen/Germany, exceeded the threshold of 3%. On that date,BlackRock Holdco 2, Inc. held 3.11% of the voting rights in SHW AG (200,228voting rights). Thereof, 0.16% of the voting rights in SHW AG (10,095voting rights) were attributed to BlackRock Holdco 2, Inc. pursuant tosection 22 para. 1 sent. 1 no. 1 WpHG, 0.11% of the voting rights in SHW AG(6,938 voting rights) were attributed to BlackRock Holdco 2, Inc. pursuantto section 22 para. 1 sent. 1 no. 2 in connection with sent. 2 WpHG and2.95% of the voting rights in SHW AG (190,133 voting rights) wereattributed to BlackRock Holdco 2, Inc. pursuant to section 22 par. 1 sent 1no. 6 in connection with sent. 2 WpHG.3. Black Rock Financial Management, Inc.On 5 November 2015, the stake of Black Rock Financial Management, Inc.,Wilmington, DE/U.S.A., in the voting rights in SHW AG, Wilhelmstrasse 67,73433 Aalen-Wasseralfingen/Germany, exceeded the threshold of 3%. On thatdate, Black Rock Financial Management, Inc. held 3.11% of the voting rightsin SHW AG (200,228 voting rights). Thereof, 0.16% of the voting rights inSHW AG (10,095 voting rights) were attributed to Black Rock FinancialManagement, Inc. pursuant to section 22 para. 1 sent. 1 no. 1 WpHG, 0.11%of the voting rights in SHW AG (6,938 voting rights) were attributed toBlackRock Financial Management, Inc. pursuant to section 22 para. 1 sent. 1no. 2 in connection with sent. 2 WpHG and 2.95% of the voting rights in SHWAG (190,133 voting rights) were attributed to BlackRock FinancialManagement, Inc. pursuant to section 22 par. 1 sent 1 no. 6 in connectionwith sent. 2 WpHG.SHW AGThe Management Board10.11.2015 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 ---------------------------------------------------------------------------