The goal comes as a shock to the game, as Leicester City appeared to be having the better chances in the second half.
Alexis Sanchez picked up the ball outside the area and lofted a beauty of a ball to the left-hand side, which Shaw ran on to and converted past Schmeichel.
Although the finish appeared flukey and off the toe of Shaw's left boot, the Englishman will be happy with the goal which will come as a real confidence booster.
The game now heads into it's final five minutes, with the scoreline at 2-0.