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)

Mar 23, 2017

2. SEC Identification Number

1746

3. BIR Tax Identification No.

000-126-853-000

4. Exact name of issuer as specified in its charter

STI Education Systems Holdings, Inc.

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

7th Floor, STI Holdings Center, 6764 Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(632) 844-9553

9. Former name or former address, if changed since last report

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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	9,904,806,924

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.

STI Education Systems Holdings, Inc.STI

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 Article

Source	Manila Standard.net
Subject of News Report	“STI raises P3b from bond sale”
Date of Publication	Mar 22, 2017

Clarification of News Report
We write with respect to the attached news article entitled “STI raises P3b from bond sale” posted in Manila Standard.net on March 22, 2017. The article reported in part that: “. . . . The P3-billion, seven and 10-year bonds, which will be listed with Philippine Dealing & Exchange Corp. today, is the company’s maiden peso bond offering. . . . . STI ESG said it planned to spend P6.13 billion over the next 18 months to finance construction of new schools and acquire properties for future expansion. . . . . ChinaBank Capital and First Metro Investments Corp. are the joint issue managers and underwriters for the offering.” In connection with the foregoing news article, the Company wishes to clarify that: 1) The listing of the STI ESG bonds on PDEx was scheduled on March 23 at 8:30am. Attached is a copy of the programme. 2) Based on the Final Prospectus dated 10 March 2017 that STI ESG submitted to the Securities and Exchange Commission, STI ESG indicated estimated total disbursements of PhP 5.86 Billion (as opposed to PhP 6.13 Billion) for campus expansion projects, refinancing of short-term loans incurred for the acquisition of land, and other general corporate requirements. 3) STI Academic Center in Altaraza, San Jose Del Monte, Bulacan already has complete architectural plans and construction is to commence in May 2017. 4) Based on the Final Prospectus, the following locations are the sites of the planned developments: Davao, EDSA, Lipa, Legaspi, Tanauan, Cabanatuan, Sta. Mesa and Caloocan.
Other Relevant Information
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