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Swift Foods, Inc.SFI

CMIC Form 2 - Reply to Inquiry on: Unusual Price Movement Reference: Article XI-A, Section 5 of the CMIC Rules

Date of Report	Dec 19, 2017

Subject
CMIC inquiry about the unusual price movement of SFIP shares today, 19 December 2017
Background/Description of the Disclosure
Today, we received a letter from the Surveillance Department (“SD”) of the Capital Markets Integrity Corporation (“CMIC”) requesting Swift Foods, Inc. (“SFI”) to furnish the SD with any undisclosed information relating to the “unusual price movement” in the trading of SFI’s Convertible Preferred Shares not later than 4:00 PM today, 19 December 2017, by submitting a written statement under oath, confirming the existence or absence of any undisclosed information that could have triggered the increase in share price of SFI’s Convertible Preferred Shares from Php 1.95 to Php 2.92 per share. In compliance with CMIC’s request, the officers and directors of SFI affirm, through the Chief Compliance Officer, that there is no undisclosed information that will explain the “unusual price movement” in the trading of SFI’s Convertible Preferred Shares today.

Filed on behalf by:

Name	ALEX LOPEZ
Designation	NATIONAL ACCOUNTING MANAGER