EANS-Adhoc: SHW AG / 2,630,000 SHW shares of the initially offered 3,042,572 SHW shares have been placed at a price of EUR 26.00.

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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06.07.2011

NOT FOR RELEASE OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO
THE UNITED STATES, AUSTRALIA, CANADA OR JAPAN.

Aalen, 6 July 2011. The SHW AG has, together with the selling
shareholders and Joint Global Coordinators and Joint Bookrunners, set
the issue price for the shares offered in connection with its initial
public offering at EUR 26.00 per share. In total 2,630,000 shares of
the 3,042,572 offered shares have been placed, of which 2,350,000
shares have been sold by the selling shareholders and 280,000 shares
by the selling shareholder SHW Holding L.P. to cover an
over-allotment. Upon full exercise of the greenshoe option, the gross
issue volume would amount to EUR 68.38 million and 44.9 percent of
the share capital of SHW AG would be held in free float. The first
day of trading of the shares of SHW AG on the Regulated Market (Prime
Standard) of the Frankfurt Stock Exchange will be 7 July 2011.

end of ad-hoc-announcement ==========================================
====================================== Disclaimer: This Ad hoc
announcement does not constitute an offer for the sale of securities
in the United States of America, Canada, Australia, Japan or other
jurisdictions in which offers are subject to legal restrictions. The
securities referred to in this Ad hoc announcement may not be sold or
offered for sale in the United States of America under the
regulations of the U.S. Securities Act of 1933, as amended (the
“Securities Act”), absent registration or an exemption from
registration. Subject to certain exemptions in accordance with the
Securities Act, the securities referred to in this announcement may
not be sold or offered for sale in Australia, Canada or Japan or to
or for the account of Australian, Canadian or Japanese persons. No
registration will take place of the offer or sale of the securities
referred to in this announcement in accordance with the respective
legal requirements in Canada, Australia and Japan. No public offer of
securities is made in the United States of America. This Ad hoc
announcement does not constitute an offer to purchase shares of other
securities of SHW AG and does not replace the information set out in
the prospectus and potential supplements thereto. Interested
investors should make their investment decision regarding the
securities referred to in this announcement exclusively on the basis
of information contained in the prospectus related to the offer of
these securities published by the company and approved by the German
Federal Financial Supervisory Authority (Bundesanstalt für
Finanzdienstleistungsaufsicht - BaFin) on 16 June 2011 including the
supplement no.1 to the prospectus dated 16 June 2011 that has been
published on 29 June 2011. The prospectus as well as the supplement
no.1 are available free of charge at SHW AG (Wilhelmstrasse 67, 73433
Aalen-Wasseralfingen, Germany) or on the website www.shw.de or from
COMMERZBANK Aktiengesellschaft in Frankfurt am Main and BNP PARIBAS
in Frankfurt am Main.

Further inquiry note:
Michael Schickling
Head of Investor Relations und Corporate Communications
Tel.: +49 (0) 7361 502 462
E-Mail: michael.schickling@shw.de

end of announcement euro adhoc
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issuer: SHW AG
Wilhelmstr. 67
D-73433 Aalen
phone: +49 7361 502-1
FAX: +49 7361 502-674
mail: IR@shw.de
WWW: http://www.shw.de
sector: Automotive Equipment
ISIN: DE000A1JBPV9
indexes:
stockmarkets: designated to listed: regulated dealing/prime standard: Frankfurt
language: English