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)

Sep 27, 2017

2. SEC Identification Number

39121

3. BIR Tax Identification No.

000-141-527-000

4. Exact name of issuer as specified in its charter

PhilWeb Corporation

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

The Penthouse, Alphaland Southgate Tower, 2258 Roces Avenue corner EDSA, Makati City, Philippines Postal Code 1232

8. Issuer's telephone number, including area code

6322365577

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

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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 share	1,435,626,680

11. Indicate the item numbers reported herein

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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.

PhilWeb CorporationWEB

PSE Disclosure Form 4-9 - Change in External Auditor References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Change in External Auditor
Background/Description of the Disclosure
Change in External Auditor

Date of Approval by Board of Directors	N/A
Date of Approval by Stockholders	Sep 27, 2017
Previous External Auditor	R.G. Manabat & Co.
New External Auditor	Reyes Tacandong & Co.
Effective Date of Engagement of New External Auditor	Sep 27, 2017

Rationale for Replacement
The new majority owner of the Company has known Roman Felipe S. Reyes since his days in SGV and has great trust in him.
Other Relevant Information
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