Listing of UBS Long/Short Certificates on Tencent Holdings Limited (Long) vs. Naspers Limited (Short) – Series 45 - UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CHE-101.329.561) Listing of UBS Long/Short Certificates on Tencent Holdings Limited (Long) vs. Naspers Limited (Short) – Series 45 - 47 The JSE Limited has granted UBS approval for the listing of UBS Long/Short Certificates due 22 September 2017 referencing Tencent Holdings Limited (Long) vs. Naspers Limited (Short). These listings are issued under the JSE Placement Document for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. Trading will commence today Monday, 06 March 2017. INSTRUMENT NUMBER: 68252 ALPHA CODE: UBTENG ISIN: ZAE000242053 ISSUE SIZE (UNITS): 500,000 ISSUE PRICE (RAND/ UNIT): 648.53 UNDERLYING EQUITIES: Tencent Holdings Limited Naspers Limited LISTING DATE: 22 September 2017 EXPIRY DATE: 06 March 2017 INSTRUMENT NUMBER: 68254 ALPHA CODE: UBTENH ISIN: ZAE000242061 ISSUE SIZE (UNITS): 500,000 ISSUE PRICE (RAND/ UNIT): 752.85 UNDERLYING EQUITIES: Tencent Holdings Limited Naspers Limited LISTING DATE: 22 September 2017 EXPIRY DATE: 06 March 2017 INSTRUMENT NUMBER: 68255 ALPHA CODE: UBTENI ISIN: ZAE000242079 ISSUE SIZE (UNITS): 500,000 ISSUE PRICE (RAND/ UNIT): 861.49 UNDERLYING EQUITIES: Tencent Holdings Limited Naspers Limited LISTING DATE: 22 September 2017 EXPIRY DATE: 06 March 2017 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 06 March 2017 Sponsor: UBS South Africa (Pty) Limited Date: 06/03/2017 10:38:00 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.