Listing of UBNPNK & UNBPNL UBS AG, London Branch (“UBS” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CH-270.3.004.646-4) The JSE Limited has granted UBS approval for the listing of series 13 & 14 of 3,000,000 UBS Long/Short Certificates due 28 May 2015 on Naspers Limited (Long) vs Tencent Holdings Limited (Short). The listing is issued under the JSE Placement Document for the Issuance of South African Securities up to an authorised amount of ZAR 3 000 000 000. Trading will commence on 25 February 2015. INSTRUMENT NUMBER: 50608 APLHA CODE: UBNPNK ISIN: ZAE000201828 ISSUE SIZE (UNITS): 1,000,000 ISSUE PRICE(CENTS / UNIT): 37619 UNDERLYING EQUITIES: Naspers Ltd Tencent Holdings Limited LISTING DATE: 2015/02/25 EXPIRY DATE: 2015/05/28 INSTRUMENT NUMBER: 50609 APLHA CODE: UBNPNL ISIN: ZAE000201836 ISSUE SIZE (UNITS): 2,000,000 ISSUE PRICE(CENTS / UNIT): 44801 UNDERLYING EQUITIES: Naspers Ltd Tencent Holdings Limited LISTING DATE: 2015/02/25 EXPIRY DATE: 2015/05/28 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 24 February 2015 Debt Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 24/02/2015 04:06:00 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.