Formation’s properties can be estimated indirectly using joint analysis of compressional and shear wave velocities. Shear wave data is not usually acquired during well logging, which is most likely for cost saving purposes. Even if shear data is available, the logging programs provide only sparsely sampled one-dimensional measurements: this information is inadequate to estimate reservoir rock properties. Thus, if the shear wave data can be obtained using seismic methods, the results can be used across the field to estimate reservoir properties. The aim of this paper is to use seismic attributes for prediction of shear wave velocity in a field located in southern part of Iran. Independent component analysis (ICA) was used to select the most relevant attributes to shear velocity data. Considering the nonlinear relationship between seismic attributes and shear wave velocity, multi-layer feed forward neural network was used for prediction of shear wave velocity and promising results were presented.