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)

Feb 1, 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 1600

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 portions of a news article called "First Gen dangles 'reverse proposal' on LNG project"

Source	Manila Bulletin
Subject of News Report	"First Gen dangles 'reverse proposal' on LNG project"
Date of Publication	Jan 31, 2018

Clarification of News Report
This is with reference to your letter directing First Gen Corporation (First Gen) to clarify the following portions of a news article entitled “First Gen dangles ‘reverse proposal’ on LNG project” posted in Manila Bulletin (Internet Edition) on January 31, 2018: “The ‘unsolicited proposal’ tendered by First Gen Corporation to state-run Philippine National Oil Company (PNOC) takes a ‘reverse track,’ because instead of the Lopez firm joining the government-underpinned liquefied natural gas (LNG) project, it has instead invited the latter to be its partner on its blueprinted LNG import facility. That was divulged by the chair of the Technical Working Group (TWG) of PNOC, basing it on correspondence that they have had with the Lopez firm. The PNOC official qualified though that ‘we still consider their offer as part of the unsolicited proposals we received for our LNG project …. but it is just a different mode from what we have had intended for our planned facility.” . . . .” As previously disclosed, we confirm that the company submitted an unsolicited proposal to PNOC to participate in First Gen’s onshore storage and regasification terminal to be constructed within the First Gen Clean Energy Complex in Batangas City. We likewise confirm that First Gen continues to be open to the participation of both local and foreign partners in the LNG terminal. Appropriate disclosures will be made to the Exchange should First Gen execute a definitive agreement in this regard. We trust that we have clarified these matters to the satisfaction of the Exchange. Thank you.
Other Relevant Information
Please see attached letter.