Listing of UBS Long/Short Certificates on Tencent Hold Ltd (Long) vs. Naspers Ltd(Short)– Series 59-60-UBTENA/UBTENB 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 59-60. The JSE Limited has granted UBS AG approval for the listing of UBS Long/Short Certificates due 23 March 2018 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 on Wednesday, 15 November 2017. INSTRUMENT NUMBER: 73549 ALPHA CODE: UBTENA ISIN: ZAE000251666 ISSUE SIZE (UNITS): 400,000 ISSUE PRICE (RAND/ UNIT): 1,165.25 UNDERLYING EQUITIES: Tencent Holdings Limited Naspers Limited LISTING DATE: 15 November 2017 EXPIRY DATE: 23 March 2018 INSTRUMENT NUMBER: 73548 ALPHA CODE: UBTENB ISIN: ZAE000251658 ISSUE SIZE (UNITS): 400,000 ISSUE PRICE (RAND/ UNIT): 1,584.39 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 15 November 2017 EXPIRY DATE: 23 March 2018 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 14 November 2017 Sponsor: UBS South Africa (Pty) Limited Date: 14/11/2017 11:30:00 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.