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 31, 2017

2. SEC Identification Number

PW-55

3. BIR Tax Identification No.

000-488-793

4. Exact name of issuer as specified in its charter

PLDT Inc.

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

RAMON COJUANGCO BUILDING, MAKATI AVENUE, MAKATI CITY Postal Code 1200

8. Issuer's telephone number, including area code

(632) 816-8553

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

NOT APPLICABLE

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
-	-

11. Indicate the item numbers reported herein

-

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.

PLDT Inc.TEL

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 and/or confirmation of news articles entitled "Smart required to conduct IPO under new franchise" and "PLDT eyes P68B from Enterprise, Home" posted on Business World Online on March 31, 2017

Source	Business World Online
Subject of News Report	"Smart required to conduct IPO under new franchise" and "PLDT eyes P68B from Enterprise, Home"
Date of Publication	Mar 31, 2017

Clarification of News Report
With respect to the first news article, we advise that House Bill No. 4637 (“AN ACT EXTENDING FOR TWENTY-FIVE (25) YEARS THE FRANCHISE GRANTED TO SMART COMMUNICATIONS, INC. (FORMERLY SMART INFORMATION TECHNOLOGIES, INC.), AMENDING FOR THE PURPOSE REPUBLIC ACT NO. 7294, ENTITLED “AN ACT GRANTING SMART INFORMATION TECHNOLOGIES, INC. (SMART) A FRANCHISE TO ESTABLISH, MAINTAIN, LEASE AND OPERATE INTEGRATED TELECOMMUNICATIONS/COMPUTER/ELECTRONIC SERVICES, AND STATIONS THROUGHOUT THE PHILIPPINES FOR PUBLIC DOMESTIC AND INTERNATIONAL TELECOMMUNICATIONS AND FOR OTHER PURPOSES”) which originated in the House of Representatives, was passed on January 16, 2017, amended by the Senate on March 13, 2017, and which amendments were concurred in by the House of Representatives on March 14, 2017 The said bill which has been presented by Congress on March 23, 2017 for the approval of the President, includes the following provision: “The grantee shall list, subject to the requirements of the Securities and Exchange Commission and the stock exchange concerned, and make a public offering through the stock exchange of the shares representing at least thirty per centum (30%) of its authorized capital stock in any securities exchange in the Philippines within two (2) years from the effectivity of this Act, UNLESS THE GRANTEE IS WHOLLY OWNED BY A PUBLICLY LISTED COMPANY WITH AT LEAST THIRTY PER CENTUM (30%) OF WHOSE AUTHORIZED CAPITAL STOCK IS PUBLICLY OWNED.” With respect to the second news article, we confirm the statement of our Chief Revenue Officer, Eric Alberto, that the combined revenue target for our HOME and Enterprise businesses for 2017 is in the order of P68 billion, representing a double digit year-on-year growth from 2016 and underpinned mainly by revenues from data and broadband.
Other Relevant Information
Please refer to attachment.