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 13, 2016

2. SEC Identification Number

PW-364

3. BIR Tax Identification No.

000-270-220-000

4. Exact name of issuer as specified in its charter

VICTORIAS MILLING COMPANY, INC.

5. Province, country or other jurisdiction of incorporation

Negros Occidental, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

VMC Compound, J.J. Ossorio St., Brgy. XVI, Victorias City, Negros Occidental Postal Code 6119

8. Issuer's telephone number, including area code

+63-34-399-3588

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

-

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	2,613,240,320

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.

Victorias Milling Company, Inc.VMC

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 on News article posted in Manila Bulletin (Internet Edition) on October 12, 2016, stating that the: “Chief executive officer (CEO) of listed sugar manufacturer Victorias Milling Company, Inc. (VMC), Anna Rosario Paner was appointed administrator of the Sugar Regulatory Administration (SRA)."

Source	Manila Bulletin (Internet Edition)
Subject of News Report	Victorias Milling CEO named new SRA Chief
Date of Publication	Oct 12, 2016

Clarification of News Report
Clarification on News article posted in Manila Bulletin (Internet Edition) on October 12, 2016, stating that the: “Victorias Milling CEO named new SRA chief” posted in Manila Bulletin (Internet Edition) on October 12, 2016. The article reported in part that: “Chief executive officer (CEO) of listed sugar manufacturer Victorias Milling Company, Inc. (VMC), Anna Rosario Paner was appointed administrator of the Sugar Regulatory Administration (SRA). Paner, who has been with VMC since 2007, will replace Maria Regina Martin, who served as administrator of SRA Administrator for six years. ‘I am pleased to transmit the appointment letter, signed by President Rodrigo Roa Duterte, of Ms. Anna Rosario Paner, as member, sugar board, Sugar Regulatory Administration, to serve as the unexpired Term of Office that began on July 1, 2016 and will end on June 30, 2017 vice Maria Regina Martin,’ Salvador Medialdea, Executive Secretary of the Philippines, said in a letter signed on Monday. . . . . In a text message, Victorias Milling President Wilson Young said Paner still doesn’t have a replacement in the company. ‘The nomination will have to convene once Atty. Paner takes her oath of office,’ he said. Paner, along with other GOCC leaders, may take her oath next month. . . . .” VMC has been informed that President Rodrigo R. Duterte has approved the nomination of its Vice-chairman and CEO, Atty. Anna Rosario V. Paner, as administrator of the Sugar Regulatory Administration (SRA).
Other Relevant Information
As of now, Atty. Paner remains to be the Corporation's Vice-chairman and CEO.