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SBS Philippines CorporationSBS

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial
Ownership of Securities References: SRC Rule 23 and
Section 17.5 of the Revised Disclosure Rules

Name of Reporting Person	Various - Please see below names of Directors
Relationship of Reporting Person to Issuer	Member of the Board of Directors

Description of the Disclosure

Statement of changes in beneficial ownership of securities (SEC Form 23-B) of the following directors of the Company for the month of July 2017: (Please see attached for details) 1. Necisto U. Sytengco - Chairman of the Board 2. Ricardo Nicanor N. Jacinto - Vice Chairman of the Board and Non-Executive Director 3. Gerry D. Tan - President & Chief Executive Officer 4. Esmeraldo A. Tepace - EVP & Chief Operating Officer and Chief Risk Officer 5. Victorina B. Ladringan - EVP & Chief Investment Officer