Listing of 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: CHE-101.329.561) Listing of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 64-65 The JSE Limited has granted UBS AG approval for the listing of UBS Long/Short Certificates due 21 September 2018 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 Tuesday, 08 May 2018. INSTRUMENT NUMBER: 76900 ALPHA CODE: UBNPNU ISIN: ZAE000257770 ISSUE SIZE (UNITS): 300,000 ISSUE PRICE (RAND/ UNIT): 785.93 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 08 May 2018 EXPIRY DATE: 21 September 2018 INSTRUMENT NUMBER: 76902 ALPHA CODE: UBNPNV ISIN: ZAE000257796 ISSUE SIZE (UNITS): 300,000 ISSUE PRICE (RAND/ UNIT): 1,173.47 UNDERLYING EQUITIES: Naspers Limited Tencent Holdings Limited LISTING DATE: 08 May 2018 EXPIRY DATE: 21 September 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 04 May 2018 Sponsor: UBS South Africa (Pty) Limited Date: 04/05/2018 11:40:00 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.