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Datum : 13.05.2014

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DGAP-PVR: SHW AG: Release according to Article 26, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Meldung : SHW AG 13.05.2014 14:21 Dissemination of a Voting Rights Announcement, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- The following companies, with regard to their respective shareholding in SHW AG, Aalen/Germany, have notified us by voting rights notifications pursuant to sections 21 para. 1, 22 of the German Securities Trading Act (WpHG) as follows: 1. Norges Bank (the Central Bank of Norway) On 8 April 2014, the stake of Norges Bank, Oslo/Norway, in the voting rights in SHW AG fell below the threshold of 3%. On that date, Norges Bank held 2.99% of the voting rights in SHW AG (175,166 voting rights). 2. Ministry of Finance on behalf of the State of Norway On 8 April 2014, the stake of the Ministry of Finance on behalf of the State of Norway, Oslo/Norway, in the voting rights in SHW AG fell below the threshold of 3%. On that date, the Ministry of Finance on behalf of the State of Norway held 2.99% of the voting rights in SHW AG (175,166 voting rights) which were attributed to the Ministry of Finance on behalf of the State of Norway pursuant to section 22 para. 1 sent. 1 no. 1 WpHG. SHW AG The Management Board --------------------------------------------------------------------------- Language: English Company: SHW AG Wilhelmstrasse 67 73433 Aalen-Wasseralfingen Germany Internet: www.shw.de End of Announcement DGAP News-Service ---------------------------------------------------------------------------

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