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)

Jul 20, 2017

2. SEC Identification Number

PW-102

3. BIR Tax Identification No.

000-101-528-000

4. Exact name of issuer as specified in its charter

Manila Electric Company

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Lopez Building, Ortigas Avenue, Barangay Ugong, Pasig City Postal Code 1605

8. Issuer's telephone number, including area code

(02) 6328014

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
Common Shares	1,127,098,705
Debt Securities (Bonds in Billion PhP)	18.5

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.

Manila Electric CompanyMER

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	manilastandard.net
Subject of News Report	"Meralco revives P10-b rail proposal"
Date of Publication	Jul 19, 2017

Clarification of News Report
We would like to confirm the statements in the news article that MRAIL has continued discussions with the management of the Philippine National Railways (PNR) concerning Mail's proposal on the Freight Rail Project that will serve and connect the Manila International Container Terminal (MICT) in the Port of Manila to ICTSI's inland container terminal in Calamba, Laguna. The Freight Rail Project aims to alleviate the traffic congestion in the greater Metro Manila area, encourage provincial development, and is also in line with the railway development plans of the Duterte Administration which is intent in building more transport infrastructures to enhance the economic competitiveness of Philippine industries.
Other Relevant Information
Refer to attached disclosure.