C00058-2018

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)
Jan 5, 2018
2. SEC Identification Number
A1998 18260
3. BIR Tax Identification No.
202 464 633
4. Exact name of issuer as specified in its charter
First Gen Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila, Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
6F Rockwell Business Center Tower 3 Ortigas Avenue Pasig City Postal Code 1602
8. Issuer's telephone number, including area code
632 449 6400
9. Former name or former address, if changed since last report
-
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 3,660,943,557
11. Indicate the item numbers reported herein
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.

First Gen CorporationFGEN

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 new item entitled "PNOC receives more offers for $2-B LNG terminal project"

Source The Philippine Star
Subject of News Report PNOC receives more offers for $2-B LNG terminal project
Date of Publication Jan 5, 2018
Clarification of News Report

As previously disclosed, First Gen Corporation (First Gen) is open to the participation of both local and foreign partners in its LNG terminal project and continues to hold exploratory discussions with a number of entities.

First Gen confirms that it submitted a proposal to PNOC to participate in First Gen’s onshore storage and regasification terminal within the First Gen Clean Energy Complex in Batangas City. The LNG terminal will have a capacity of 5 million tons per annum (mtpa) to support the demands of First Gen’s existing gas-fired power plants and other potential third party users. First Gen has started development work for the LNG terminal as early as 2012 and is well positioned to be ready for operations prior to the termination of the Gas Sale and Purchase Agreements. Appropriate disclosures will be made to the Exchange in the event that First Gen reaches a definitive agreement with any partner.

Other Relevant Information

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Filed on behalf by:
Name Rachel Hernandez
Designation Vice President and Corporate Secretary