C00220-2017

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.

Pilipinas Shell Petroleum CorporationSHLPH

PSE Disclosure Form 4-29 - Disbursement of Proceeds and Progress Report References: Memorandum No. 626 - 2007 dated December 20, 2007
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure

Quarterly Progress Report on the Disbursement of the Primary Proceeds of the Initial Public Offering as of December 31, 2016

Background/Description of the Disclosure

Quarterly Progress Report on the Disbursement of the Primary Proceeds of the Initial Public Offering as of December 31, 2016

Other Relevant Information

Please refer to the attached progress report.

Filed on behalf by:
Name Agnez Yap-Abina
Designation Deputy Controller