Expiry 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: CH-101.329.561) Share code: UBNPNW ISIN: ZAE000261863 Series: 66 Share code: UBNPNX ISIN: ZAE000261871 Series: 67 Share code: UBNPNY ISIN: ZAE000261806 Series: 68 Share code: UBNPNA ISIN: ZAE000261822 Series: 69 Share code: UBNPNB ISIN: ZAE000261830 Series: 70 Expiry of UBS Long/Short Certificates on Naspers Limited (Long) vs. Tencent Holdings Limited (Short) – Series 66, 67, 68, 69 and 70. The UBS Certificates were issued under the Structured Note Programme of UBS AG (the "Programme") in conjunction with the Terms and Conditions of the Certificates set forth in the Information Memorandum dated 10 December 2013 relating to the Programme, and as supplemented by the JSE Placement Document dated 08 February 2016 for the Issuance of South African Securities up to an authorised amount of ZAR 14 000 000 000. Investors are herewith advised of the expiry of the below instruments effective Thursday, 28 March 2019. INSTRUMENT NUMBER: 79328 ALPHA CODE: UBNPNW ISIN: ZAE000261863 INSTRUMENT NUMBER: 79329 ALPHA CODE: UBNPNX ISIN: ZAE000261871 INSTRUMENT NUMBER: 79294 ALPHA CODE: UBNPNY ISIN: ZAE000261806 INSTRUMENT NUMBER: 79320 ALPHA CODE: UBNPNA ISIN: ZAE000261822 INSTRUMENT NUMBER: 79321 ALPHA CODE: UBNPNB ISIN: ZAE000261830 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 28 March 2019 Sponsor: UBS South Africa (Pty) Limited Date: 28/03/2019 02:20:00 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.