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)

May 24, 2016

2. SEC Identification Number

19073

3. BIR Tax Identification No.

000-288-698-000

4. Exact name of issuer as specified in its charter

First Philippine Holdings Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

6th Floor Rockwell Business Center Tower 3, Ortigas Avenue, Pasig City Postal Code 1604

8. Issuer's telephone number, including area code

2-631-8024

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	554,206,569
Preferred Redeemable	3,600,000

11. Indicate the item numbers reported herein

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.

First Philippine Holdings CorporationFPH

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of news report

Source	Manila Bulletin
Subject of News Report	FPH shuns coal-fed facilities, will double wind power capacity
Date of Publication	May 24, 2016

Clarification of News Report
First Philippine Holdings Corporation (“FPH”) responds to your communication relating to the news article entitled “FPHC shuns coal-fed facilities, will double wind power capacity” as published in the Manila Bulletin on May 24, 2016. The article reads in part: “First Philippine Holdings Corporation, a member of the Lopez group of companies, is shunning coal power plants and commits to invest $450 million to double its wind power capacity in the next three years. . . . . In an interview after the meeting, FPHC president Francis Giles B. Puno said that, instead of cheaper coal plants, they will instead double their wind power capacity from the existing 150 megawatts (MW) to 300 MW. ‘One megawatt costs between $2.5 million and $3 million, so we are going to spend about $450 million for doubling our capacity, that was just the same amount we have spent for our existing 150 MW wind power facility,’ Puno said. . . . .” FPH confirms that its Chairman has made that statement, not to build, invest or develop or invest in any coal-fired power plant. With respect to doubling wind power capacity, this is likewise the intention moving forward over the next three (3) years.
Other Relevant Information
N/A