SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Oct 21, 2015

2. SEC Identification Number

38683

3. BIR Tax Identification No.

000-315-612-000

4. Exact name of issuer as specified in its charter

THE PHILODRILL CORPORATION

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

8th Floor, Quad Alpha Centrum, 125 Pioneer Street, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

632 6318151; 632 6311801 - 05

9. Former name or former address, if changed since last report

N.A.

10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the RSA

Title of Each Class	Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
common shares	191,868,805,358

11. Indicate the item numbers reported herein

ITEM 9

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

The Philodrill CorporationOV

PSE Disclosure Form 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Cash Dividend declaration no. 29
Background/Description of the Disclosure
Please be advised that at the regular Board Meeting of The Philodrill Corporation held today, October 21, 2015, the Board approved the declaration of a 3.9053% cash dividend, equivalent to Php0.00039053 per share, or an aggregate of Php74,930,525 in favor of stockholders of record as of November 4, 2015 and payable on December 1, 2015.

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	Oct 21, 2015
Other Relevant Regulatory Agency, if applicable	-
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	Php0.00039053
Record Date	Nov 4, 2015
Payment Date	Dec 1, 2015

Source of Dividend Payment
retained earnings available for dividend distribution as of December 31, 2014
Other Relevant Information
-