Amendment to UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) UBS AG, London Branch (“UBS AG” or the “Company”) (Incorporated and domiciled in Switzerland) (Registration number: CH-270.3.004.646-4) Amendment to UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 52 and 55 The JSE Limited has granted UBS approval for the amendment of the following existing instruments of UBS Long/Short Certificates due 22 November 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 commenced on 05 September 2017. The effective date of the amendments is 22 November 2017. INSTRUMENT NUMBER: 72205 ALPHA CODE: UBNPNM ISIN: ZAE000248936 ISSUE SIZE (UNITS): 1,000,000 ISSUE PRICE (RAND/ UNIT): 1739.34 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 05 September 2017 EXPIRY DATE: 23 March 2018 INSTRUMENT NUMBER: 72199 ALPHA CODE: UBNPNP ISIN: ZAE000248894 ISSUE SIZE (UNITS): 300,000 ISSUE PRICE (RAND/ UNIT): 974.13 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 05 September 2017 EXPIRY DATE: 23 March 2018 The amended final terms are available for download on the UBS KeyInvest South Africa website hosted at http://keyinvest-za.ubs.com/. For further information kindly contact: UBS KeyInvest South Africa Tel.: +27 11 322 7129 / 7317 E-mail: firstname.lastname@example.org Web: http://keyinvest-za.ubs.com/ Johannesburg 21 November 2017 Sponsor: UBS South Africa (Pty) Limited Date: 21/11/2017 05:15:00 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.