UBS AG LONDON BRANCH - Listing of UBS Actively Managed Exchange Traded Notes

Listing of UBS Actively Managed Exchange Traded Notes

UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)

Listing of UBS Actively Managed Exchange Traded Notes linked to the FNB
Global Select Portfolio and FNB Global Select A Portfolio – Series 12 and
13.

The JSE Limited has granted UBS approval for the listing of UBS Portfolio
Notes linked to the FNB Global Select Portfolio and FNB Global Select A
Portfolio (the "Reference Portfolio") due 18 March 2025.

The Reference Portfolio is a notional South African Rand denominated
reference portfolio, created, actively managed and maintained by FNB
Stockbroking and Portfolio Management Pty Ltd (the "Reference Portfolio
Advisor").

The Reference Portfolio, whose composition may vary from time to time, is
actively managed by the Reference Portfolio Advisor and represents a
notional investment in the Reference Portfolio Components as described in
detail below. More information about FNB Stockbroking and Portfolio
Management Pty Ltd can be found at www.shares.fnb.co.za. FNB Stockbroking
and Portfolio Management Pty Ltd are regulated by the Financial Sector
Conduct Authority (Licence No. 682).

Please note that the Reference Portfolio Advisor may not only act as
Reference Portfolio Advisor with regard to the Reference Portfolio, but may
at the same time act as asset manager or financial consultant with regard
to investors in the Notes, which may induce potential conflicts between
investors' interests and Reference Portfolio Advisor's interests. The
Reference Portfolio Advisor has implemented any measures required to fully
mitigate such potential conflict of interest.

This listing is 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 Friday, 20 March 2020.

INSTRUMENT NUMBER:               90499
ALPHA CODE:                      FNBGSE
ISIN:                            ZAE000285433
ISSUE SIZE (UNITS):              4,500,000
ISSUE PRICE (RAND/UNIT):         100.00

UNDERLYING STOCK UNIVERSE:       MSCI World Index
                                 (Bloomberg ticker: MXWO Index)
                                 S&P 500 Index
                                 (Bloomberg ticker: SPX Index)
                                 STOXX Europe 600 Price Index
                                 (Bloomberg ticker: SXXP Index)
                                 NASDAQ Composite Index
                                 (Bloomberg ticker: CCMP Index)

UNDERLYING EQUITY UNIVERSE:      MSCI Japan   Net Total Return USD Index
                                 (Bloomberg   ticker: NDDUJN Index)
                                 EURO STOXX   Select Dividend 30 Index
                                 (Bloomberg   ticker: SD3T Index)

UNDERLYING EFT UNIVERSE:         ISHARES GLOBAL CLEAN ENERGY
                                 (Bloomberg ticker: ICLN US Equity)
                                 ISHARES MSCI INDIA ETF
                              (Bloomberg ticker: INDA US Equity)
                              ISHARES PHLX SEMICONDUCTOR ETF
                              (Bloomberg ticker: SOXX US Equity)
                              SPDR GOLD SHARES
                              (Bloomberg ticker: GLD UP Equity)
                              ISHARES MSCI EM ASIA UCITS ETF
                              (Bloomberg ticker: CEMA LN Equity)
                              ISHARES FTSE 250
                              (Bloomberg ticker: MIDD LN Equity)
                              ISHARES IV PLC MSCI INDIA UCITS
                              (Bloomberg ticker: NDIA LN Equity)
                              ISHARES ASIA PAC DIVIDEND
                              (Bloomberg ticker: IAPD LN Equity)
                              ISHARES UK DIVIDEND
                              (Bloomberg ticker: IUKD LN Equity)

LISTING DATE:                 20 March 2020
EXPIRY DATE:                  18 March 2025



INSTRUMENT NUMBER:            90500
ALPHA CODE:                   FNBGSA
ISIN:                         ZAE000285441
ISSUE SIZE (UNITS):           1,500,000
ISSUE PRICE (RAND/UNIT):      100.00

UNDERLYING STOCK UNIVERSE:    MSCI World Index
                              (Bloomberg ticker: MXWO Index)
                              S&P 500 Index
                              (Bloomberg ticker: SPX Index)
                              STOXX Europe 600 Price Index
                              (Bloomberg ticker: SXXP Index)
                              NASDAQ Composite Index
                              (Bloomberg ticker: CCMP Index)

UNDERLYING EQUITY UNIVERSE:   MSCI Japan   Net Total Return USD Index
                              (Bloomberg   ticker: NDDUJN Index)
                              EURO STOXX   Select Dividend 30 Index
                              (Bloomberg   ticker: SD3T Index)

UNDERLYING EFT UNIVERSE:      ISHARES GLOBAL CLEAN ENERGY
                              (Bloomberg ticker: ICLN US Equity)
                              ISHARES MSCI INDIA ETF
                              (Bloomberg ticker: INDA US Equity)
                              ISHARES PHLX SEMICONDUCTOR ETF
                              (Bloomberg ticker: SOXX US Equity)
                              SPDR GOLD SHARES
                              (Bloomberg ticker: GLD UP Equity)
                              ISHARES MSCI EM ASIA UCITS ETF
                              (Bloomberg ticker: CEMA LN Equity)
                              ISHARES FTSE 250
                              (Bloomberg ticker: MIDD LN Equity)
                              ISHARES IV PLC MSCI INDIA UCITS
                              (Bloomberg ticker: NDIA LN Equity)
                              ISHARES ASIA PAC DIVIDEND
                              (Bloomberg ticker: IAPD LN Equity)
                              ISHARES UK DIVIDEND
                              (Bloomberg ticker: IUKD LN Equity)

LISTING DATE:                 20 March 2020
EXPIRY DATE:                  18 March 2025

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/products

Johannesburg
19 March 2020

Sponsor: UBS South Africa (Pty) Limited

Date: 19-03-2020 05:00:00
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