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)

Aug 18, 2016

2. SEC Identification Number

152747

3. BIR Tax Identification No.

000153790000

4. Exact name of issuer as specified in its charter

Ayala Land, Inc.

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City, Philippines Postal Code 1226

8. Issuer's telephone number, including area code

(632) 7506974

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

not applicable

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	14,712,682,588
Preferred Shares	13,066,494,759
Amount of Debt Outstanding (registered)	71,277,920,000

11. Indicate the item numbers reported herein

Item 9. Other events

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.

Ayala Land, Inc.ALI

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
Declaration of regular cash dividends on outstanding common shares of Ayala Land, Inc.
Background/Description of the Disclosure
Please be informed that our Board of Directors, at its regular meeting held this afternoon, approved the declaration of cash dividends of P0.238 per outstanding common share. This brings full year dividends to P0.476 per common share, which reflects a 15% increase from last year’s regular cash dividends, and payout ratio of 40% of prior year’s earnings. The cash dividend will be payable on September 16, 2016 to stockholders of common shares as of record date September 2, 2016.

Type of Securities

• Common
• Preferred-
• Others-

Cash Dividend

Date of Approval by Board of Directors	Aug 18, 2016
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	Php0.238
Record Date	Sep 2, 2016
Payment Date	Sep 16, 2016

Source of Dividend Payment
Unrestricted retained earnings as of December 31, 2015
Other Relevant Information
None