Supplement to final terms of existing UBS Structured Note Programme certificates UBS AG London Branch (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Share code: UBNPNA ISIN: ZAE000215695 Share code: UBNPNB ISIN: ZAE000215687 Share code: UBNPNC ISIN: ZAE000215703 Share code: UBNPND ISIN: ZAE000215711 Share code: UBTENA ISIN: ZAE000218467 Share code: UBTENB ISIN: ZAE000218459 Share code: UBTENC ISIN: ZAE000218442 Share code: UBTOMA ISIN: ZAE000217675 (“UBS AG” or the “Company”) SUPPLEMENT TO FINAL TERMS OF EXISTING UBS STRUCTURED NOTE PROGRAMME CERTIFICATES UBS, acting through its London Branch in its capacity as Issuer, has received approval from the JSE Limited (the "JSE") to amended and update the existing UBS Structured Note Programme Certificates as follows: The JSE is in the process of implementing the "T+3" project, in terms of which the settlement cycle for equity transactions will change from a T+5 settlement cycle to a new shorter T+3 settlement cycle. The JSE Listings Requirements will accordingly be amended to reflect the T+3 settlement cycle. The effective date of the T+3 settlement cycle is 11 July 2016 or such other date announced by the JSE. In order to comply with the JSE Listings Requirements and accommodate the T+3 settlement cycle and in accordance with Conditions 9(a) of the Additional South African Securities Conditions the Issuer amends the Final Terms on the basis set out in the Supplement to be made available on the UBS KeyInvest South Africa website ("T+3 Supplement"). The Final Terms are hereby amended with effect from 11 July 2016. The T+3 Supplement is available on request or can be collected during normal office hours at 1 Finsbury Avenue, EC2M 2PP, London and 64 Wierda Road East, Sandton, 2196. For further details on this Supplement, please contact: For further information kindly contact: UBS KeyInvest South Africa Tel.: +27 11 322 7129 / 7317 E-mail: keyinvestza@ubs.com Web: http://keyinvest-za.ubs.com/ Johannesburg 11 July 2016 Sponsor: UBS South Africa (Pty) Limited Date: 11/07/2016 05:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.