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 IQ
Global Quality Companies Portfolio 1 Portfolio – Series 7.

The JSE Limited has granted UBS approval for the listing of UBS Portfolio
Notes linked to the IQ Global Quality Companies Portfolio 1 Portfolio (the
"Reference Portfolio") due 05 December 2023.

The Reference Portfolio is a notional South African Rand denominated
reference portfolio, created, actively managed and maintained by ABSA Bank
(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.

The Reference Portfolio Advisor will delegate the management of the
Reference Portfolio to Strategiq Capital (Pty) Ltd (the "Delegated
Reference Portfolio Advisor"). More information about Strategiq Capital
(Pty) Ltd can be found at www.strategiq.co.za. Strategiq Capital (Pty) Ltd
is regulated by the Financial Sector Conduct Authority (Licence No. 46624).

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, 11 December 2018.

INSTRUMENT NUMBER:               81348
ALPHA CODE:                      USQCPA
ISIN:                            ZAE000266409
ISSUE SIZE (UNITS):              1,000,000
ISSUE PRICE (RAND/ UNIT):        100.00

UNDERLYING STOCK UNIVERSE:       MSCI World Index
                                 (Bloomberg ticker: MXWO Index)

UNDERLYING INDEX UNIVERSE:       MSCI World Net Total Return USD Index
                                 (Bloomberg Ticker: NDDUWI Index)

LISTING DATE:                    11 December 2018
EXPIRY DATE:                     05 December 2023


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
10 December 2018

Sponsor: UBS South Africa (Pty) Limited

Date: 10/12/2018 01:58:00 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.