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 24, 2016

2. SEC Identification Number

CEO2536

3. BIR Tax Identification No.

003-828-269-V

4. Exact name of issuer as specified in its charter

ABOITIZ EQUITY VENTURES, INC.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32nd Street, Bonifacio Global City, Taguig City, Metro Manila, Philippines Postal Code 1634

8. Issuer's telephone number, including area code

(02) 886-2800

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 Stock P1 Par Value	5,633,792,557
Amount of Debt Outstanding (June 30, 2016)	180,230,126,448.00

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.

Aboitiz Equity Ventures, Inc.AEV

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 to the October 23, 2016 Manila Bulletin (Internet Edition) News Article

Source	Manila Bulletin (Internet Edition)
Subject of News Report	Aboitiz maintains P60-B capex in 2017
Date of Publication	Oct 23, 2016

Clarification of News Report
Dear Mr. Zuño: This refers to the letter from the Philippine Stock Exchange (PSE) requesting us to confirm the veracity of the information contained in the Manila Bulletin news article dated October 23, 2016 entitled “Aboitiz maintains P60-B capex in 2017” a portion of which are quoted hereunder: ………………….. “Aboitiz Equity Ventures, Inc. is investing almost P60 billion next year for the continued expansion of its subsidiaries engaged in the power, food, cement and property development businesses. . . . . In an interview during the weekend, AEV Senior Vice President and Chief Financial Officer Manuel Lozano said their capital expenditure (capex) budget is P58 billion this year and they will allot ‘probably next year also P50-plus billion again. It’s about the same. xxx” ………………….. We write to clarify what Mr. Manuel R. Lozano, Senior Vice President/Chief Financial Officer/Corporate Information Officer of AEV, earlier stated. Mr. Lozano reported that the Aboitiz group will probably spend about P50-plus billion next year, which is about the same amount AEV budgeted for its 2016 capital expenditure, subject to the availability of investment opportunities. Very truly yours, ABOITIZ EQUITY VENTURES, INC. By: (SGD.) M. JASMINE S. OPORTO Corporate Secretary Cc: MS. VINA VANESSA S. SALONGA Head, Disclosure Department Philippine Dealing & Exchange Corp. Market Regulatory Services Group 37/F Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas, Makati City
Other Relevant Information
Please see attached.