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)

Jan 30, 2017

2. SEC Identification Number

AS094-000088

3. BIR Tax Identification No.

003-058-789

4. Exact name of issuer as specified in its charter

SM PRIME HOLDINGS, INC.

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10th Floor Mall of Asia Arena Annex Building, Coral Way cor. J.W. Diokno Blvd., Mall of Asia Complex, Brgy. 76, Zone 10, CBP-1A, Pasay City, Philippines Postal Code 1300

8. Issuer's telephone number, including area code

(632) 831-1000

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	28,879,231,694

11. Indicate the item numbers reported herein

ITEM # 9, LETTER B

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.

SM Prime Holdings, Inc.SMPH

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
News clarification: SM spending P65 B for 5 new malls

Source	The Philippine Star
Subject of News Report	SM spending P65 B for 5 new malls
Date of Publication	Jan 30, 2017

Clarification of News Report
January 30, 2017 The Philippine Stock Exchange, Inc. 3F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City Attention of Mr. Jose Valeriano B. Zuño III Head - Disclosure Department Gentlemen: This refers to the news article entitled “SM spending P65 B for 5 new malls” published in today’s issue of The Philippine Star. The article reported in part that: “SM Prime Holdings Inc., the listed property developer of tycoon Henry Sy, is pouring in an estimated P65 billion this year to build at least five new malls in the Philippines, its top official said. ‘It will be about P60 to P65 billion,’ SM Prime president Jeffrey Lim said in an interview. To fund the capital expenditures, SMPH plans to go back to the debt market, possibly in the first quarter of the year to raise P15 to P20 billion in retail treasury bonds (RTBs). ….” We confirm the veracity of the above-quoted news article. Very truly yours, TERESA CECILIA H. REYES Vice President – Finance
Other Relevant Information
N/A