Listing of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 38-41 UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CH-270.3.004.646-4) Listing of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 38-41 The JSE Limited has granted UBS approval for the listing of UBS Long/Short Certificates due 22 March 2017 referencing Naspers Limited (Long) vs. Tencent Holdings 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 Monday, 05 September 2016. INSTRUMENT NUMBER: 63685 ALPHA CODE: UBNPNE ISIN: ZAE000225090 ISSUE SIZE (UNITS): 1,500,000 ISSUE PRICE (RAND/ UNIT): 209.77 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 05 September 2016 EXPIRY DATE: 22 March 2017 INSTRUMENT NUMBER: 63682 ALPHA CODE: UBNPNF ISIN: ZAE000225066 ISSUE SIZE (UNITS): 1,500,000 ISSUE PRICE (RAND/ UNIT): 367.47 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 05 September 2016 EXPIRY DATE: 22 March 2017 INSTRUMENT NUMBER: 63680 ALPHA CODE: UBNPNG ISIN: ZAE000225041 ISSUE SIZE (UNITS): 1,500,000 ISSUE PRICE (RAND/ UNIT): 587.00 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 05 September 2016 EXPIRY DATE: 22 March 2017 INSTRUMENT NUMBER: 63676 ALPHA CODE: UBNPNH ISIN: ZAE000225033 ISSUE SIZE (UNITS): 1,500,000 ISSUE PRICE (RAND/ UNIT): 950.84 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 05 September 2016 EXPIRY DATE: 22 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 02 September 2016Sponsor: UBS South Africa (Pty) Limited Date: 02/09/2016 02:00:00 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.