UBS AG - Expiry of UBS Long/Short Certificates

Expiry of UBS Long/Short Certificates

UBS AG, London Branch
(“UBS AG” or the “Company”)
(Incorporated and domiciled in Switzerland)
(Registration number: CHE-101.329.561)

Expiry of UBS Long/Short Certificates on Rand Merchant Investment Holdings
Limited (Long) vs. Discovery Limited (Short) and Momentum Metropolitan
Holdings (Short) – Series 87.

The UBS Certificate was 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 16 September
2019 relating to the Programme which may be supplemented from time to time
for the Issuance of South African Securities up to an authorised amount of
ZAR 14 000 000 000.

Invesors are herewith advised of      the   expiry   of   the   below   instrument
effecive Friday, 18 September 2020.


INSTRUMENT NUMBER:          86855
ALPHA CODE:                 UBRMIA
ISIN:                       ZAE000277612

The above instrument will expire out of the money.

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
07 September 2020

Sponsor: UBS South Africa (Pty) Limited

Date: 07-09-2020 03:49:00
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