C01024-2017

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)
Feb 23, 2017
2. SEC Identification Number
1803
3. BIR Tax Identification No.
000406761000
4. Exact name of issuer as specified in its charter
ABS-CBN Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ABS-CBN Broadcast Center, Sgt. Esguerra Ave. cor. Mother Ignacia St. Quezon City Postal Code 1103
8. Issuer's telephone number, including area code
(+632) 415-2272
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 Stock 850,801,081
Fixed Rate Bonds 6,000,000,000
11. Indicate the item numbers reported herein
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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.

ABS-CBN CorporationABS

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 of News Report

Source Business World Online
Subject of News Report Lim leaving ABS-CBN for Dentsu Aegis Network PHL
Date of Publication Feb 23, 2017
Clarification of News Report

Attention: Norby Moreno
PSE Disclosure Department


This refers to your letter today regarding the news article entitled “Lim leaving ABS-CBN for Dentsu Aegis Network PHL” posted in BusinessWorld Online on February 23, 2017. The article reported in part that:

“ABS-CBN Corp. Chief Digital Officer Donald Patrick L. Lim is leaving the media giant to join Dentsu Aegis Network Philippines as chief executive officer.

In a statement posted on its Website on Wednesday, Dentsu Aegis Network announced Mr. Lim will succeed Angelito ‘BoyP’ Pangilinan as CEO, effective April 3.

….”

We confirm that Donald Lim has tendered his resignation as Chief Digital Officer of ABS-CBN Corporation, which shall take effect on 31 March 2017. The ABS-CBN Board of Directors has yet to take action on this matter.

Other Relevant Information

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Filed on behalf by:
Name Ricardo Tan, Jr.
Designation Corporate Treasurer, Corporate Information Officer and Compliance Head