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)

Dec 19, 2016

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371 1111

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	1,200,000,000

11. Indicate the item numbers reported herein

ITEM 4: RESIGNATION AND ELECTION OF OFFICERS

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 4-8 - Change in Directors and/or Officers
(Resignation/Removal or Appointment/Election)
References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Changes in the Line-up of Officers and Executive Management
Background/Description of the Disclosure
Resignation and Appointments to the position of Corporate Secretary, Compliance Officer, Corporate Information Officer and Investor Relations Officer

Resignation/Removal or Replacement

Name of Person	Position/Designation	Effective Date of Resignation/Cessation of term (mmm/dd/yyyy)	Reason(s) for Resignation/Cessation
REGINA SIMONA B. DE GUZMAN	General Counsel, Corporate Secretary, Compliance Officer, Corporate Information Officer & Investor Relations Officer	12/31/16	Personal reasons

Election or Appointment

Name of Person	Position/Designation	Date of Appointment/Election (mmm/dd/yyyy)	Effective Date of Appointment Election (mmm/dd/yyyy)	Shareholdings in the Listed Company		Nature of Indirect Ownership
				Direct	Indirect
CHRISTINE PAUA BASE	CORPORATE SECRETARY	12/16/2016	01/01/17	0	0	N/A
SABRINA ADAMELLE POON-SYTENGCO	CORPORATE INFORMATION OFFICER & INVESTOR RELATIONS OFFICER	12/16/16	01/01/2017	0	3,975,000	Held by a member of officer

Promotion or Change in Designation

Name of Person	Position/Designation		Date of Approval (mmm/dd/yyyy)	Effective Date of Change (mmm/dd/yyyy)	Shareholdings in the Listed Company		Nature of Indirect Ownership
	From	To			Direct	Indirect
VICTORINA B. LADRINGAN	EVP & CHIEF INVESTMENTS OFFICER	EVP & CHIEF INVESTMENTS OFFICER & COMPLIANCE OFFICER	12/16/16	01/01/2017	772,000	0	N/A

Other Relevant Information

Atty C. P. Base is a senior partner of Pacis & Reyes Law offices and is both a lawyer and CPA by profession. She is a graduate of the Ateneo De Manila Law School and concurrently serves as corporate secretary of the following companies: ItalPinas Development Corporation, SL Agritech Corporation, EVER Gotesco Resources and Holdings, Inc., Asiasec Equities, Inc., Araneta Properties, Inc., and Anchor Land Holdings, Inc. Ms. Victoria B. Ladringan is currently EVP & Chief Investments Officer and will serve as concurrent Compliance Officer, vice Atty R. B. De Guzman. Ms. Sabrina Adamelle Poon-Sytengco will serve as concurrent Corporate Information Officer and Investor Relations Officer. Ms. Poon previously worked in the Office of the President as program officer and technical staff for the period 2010-2013.