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)

Oct 2, 2017

2. SEC Identification Number

34218

3. BIR Tax Identification No.

000-153-610-000

4. Exact name of issuer as specified in its charter

AYALA CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

32F to 35F, Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City Postal Code 1226

8. Issuer's telephone number, including area code

(02)908-3000

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 Shares	621,240,740
Preferred B Series 1 Shares	20,000,000
Preferred B Series 2 Shares	27,000,000
Voting Preferred Shares	200,000,000

11. Indicate the item numbers reported herein

Item 9

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.

Ayala CorporationAC

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 entitled "MPIC offers P20b to run MRT 3"

Source	manila standard.net
Subject of News Report	"MPIC offers P20b to run MRT 3"
Date of Publication	Oct 1, 2017

Clarification of News Report
We write in response to the PSE’s request for clarification on the news entitled “MPIC offers Php20B to run MRT3” published in the manilastandard.net on 1 October 2017, which states in part that: “The group of Metro Pacific Investments Corp. and Ayala Corp. offered to invest up to P20 billion to rehabilitate, operate and maintain Metro Rail Transit Line 3.” We wish to clarify that MPIC had earlier submitted an unsolicited proposal to take over the rehabilitation and operations and maintenance of MRT3. Discussions are still ongoing with respect to Ayala Corporation’s participation in the MRT3 project. We hope this clarifies the above news article.
Other Relevant Information
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