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

162747

3. BIR Tax Identification No.

000-153-790-000

4. Exact name of issuer as specified in its charter

Ayala Land, Inc.

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F Tower One and Exchange Plaza, Ayala Triangle , Ayala Avenue, Makati City, Philippines Postal Code 1226

8. Issuer's telephone number, including area code

(632) 750 6974

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	14,724,947,558
Preferred Shares	13,066,454,759
Amount of Debt Outstanding (Registered)	88,000,000,000

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.

Ayala Land, Inc.ALI

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 Reports

Source	Inquirer.net
Subject of News Report	Ayala Land loses prime Las Piñas lot in SC ruling
Date of Publication	Oct 2, 2017

Clarification of News Report
We wish to advise that Ayala Land, Inc. (ALI) is aware of the ruling of the Supreme Court on the said subject. The consolidated cases subject of the Supreme Court decision cover parcels of land located in Las Pinas City with a total area of approximately 46 hectares. While the Supreme Court upheld the claimants’ title on the basis of alleged irregularities in ALI’s predecessors’ survey plan, ALI filed its Motion for Reconsideration last September 28, 2017, primarily on the following grounds: (1) ALI’s titles can be traced back to Original Certificates of Titles (OCT) that were issued decades prior to the OCTs from which the claimants’ title came from. In particular, ALI’s titles are traced back to OCTs issued in 1950 and 1958 whereas the claimants’ titles are traced back to an OCT issued in 1970. (2) Claimants’ predecessors opposed ALI’s application and participated, but lost, in the original land registration proceedings which led to the issuance of decrees for registration in favor of ALI’s predecessors. Thus, claimants are barred by prescription, laches and res judicata. (3) ALI purchased the properties after an examination of its derivative titles which on their face do not indicate any defect or flaw, thereby making ALI an innocent purchaser for value. As previously disclosed by ALI in its SEC Form 17-A, prior to purchasing the aforesaid property, ALI conducted an investigation of titles to the properties and had no notice of any title or claim that was superior to the titles purchased by ALI. ALI believes its titles are superior to the claims of these adverse claimants. Considering that the total area of the subject land comprises less than 1% of ALI’s total land bank of 9,852 hectares, we do not see this matter to have any material effect on the business, operations and financial conditions of ALI.
Other Relevant Information
None