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 20, 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 6-1 - Declaration of Cash Dividends References: SRC Rule 17 (SEC Form 17-C) and
Sections 6 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Declaration of Cash Dividend
Background/Description of the Disclosure
At the Special Meeting of the Board of Directors of the Registrant held on 20 April 2017 at the principal office of the Registrant, at which meeting a quorum was present and acting throughout, the Board of Directors declared cash dividend of PhP2,662,182,933.30 for the second half 2016 from its unrestricted retained earnings as of 31 December 2016.

Type of Securities

• Common
• PreferredN/A
• OthersN/A

Cash Dividend

Date of Approval by Board of Directors	Apr 20, 2017
Other Relevant Regulatory Agency, if applicable	N/A
Date of Approval by Relevant Regulatory Agency, if applicable	N/A
Type (Regular or Special)	Regular
Amount of Cash Dividend Per Share	PhP1.65
Record Date	May 5, 2017
Payment Date	May 18, 2017

Source of Dividend Payment
Unrestricted Retained Earnings as of 31 December 2016
Other Relevant Information
At the Regular Meeting of the Board held on 15 August 2016, the Board approved the distribution of a cash dividend from the unrestricted retained earnings as of 30 June 2016 to stockholders of record as of 15 August 2016 amounting to PhP 3,300,000,000.00. Please refer to the attached SEC Form 17-C.