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)

Apr 18, 2017

2. SEC Identification Number

14829

3. BIR Tax Identification No.

000-164-757

4. Exact name of issuer as specified in its charter

Pilipinas Shell Petroleum Corporation

5. Province, country or other jurisdiction of incorporation

Makati City, Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Shell House, 156 Valero St., Salcedo Village,Brgy. Bel-Air, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(63 2) 816 6501

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	1,613,444,202

11. Indicate the item numbers reported herein

Item 9 - Other Events

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 11-1 - Voluntary Lock-Up References: Section 11 of the Revised Disclosure Rules

Subject of the Disclosure
Expiration of the Voluntary Lock-Up period covering 67,184,265 shares on 02 May 2017
Background/Description of the Disclosure
Further to the listing of the shares of Pilipinas Shell Petroleum Corporation (“SHLPH”) in the Philippine Stock Exchange (“PSE”), its shareholders, namely, Shell Overseas Investments B.V., The Insular Life Assurance Company Ltd. and Spathodea Campanulata, Inc. (“Spathodea”), lodged their SHLPH common shares with Rizal Commercial Banking Corporation pursuant to the Escrow Agreement dated 28 October 2016. The said stockholders physically delivered the subject common shares to the escrow agent for deposit and safekeeping during the lock-up period. Section 3 of the Escrow Agreement provides that the Lock-Up Period is one hundred eighty (180) days following the listing of the common shares of SHLPH in the PSE. For this purpose, the Lock-Up Period commenced on 03 November 2016 and will end on 02 May 2017. Although Spathodea does not own at least 10% of the offering, it agreed to voluntarily lock-up all its shares, consisting of 67,184,265 SHLPH common shares, during the Lock-Up Period. The necessary approval shall be obtained from the PSE to release the corresponding Stock Certificates to SHLPH’s Corporate Secretary or his duly authorized representative after the end of the Lock-Up Period.

Details

Name of Shareholder	Number of Shares Under Escrow	Escrow Agent
Spathodea Campanulata, Inc.	67,184,265	Rizal Commercial Banking Corporation

Start of Lock-Up Period	Nov 3, 2016
End of Lock-Up Period	May 2, 2017

Other Relevant Information
None.