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)

Mar 14, 2018

2. SEC Identification Number

14829

3. BIR Tax Identification No.

000-164-757

4. Exact name of issuer as specified in its charter

Pilipinas Shell Petroleum Corporation

5. Province, country or other jurisdiction of incorporation

Makati City, Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Shell House, 156 Valero St., Salcedo Village,Brgy. Bel-Air, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(63 2) 816 6501

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	1,613,444,202

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.

Pilipinas Shell Petroleum CorporationSHLPH

PSE Disclosure Form 4-30 - Material Information/Transactions References: SRC Rule 17 (SEC Form 17-C) and
Sections 4.1 and 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Special Meeting of the Board of Directors of Pilipinas Shell Petroleum Corporation held on 14 March 2018
Background/Description of the Disclosure
At the Special Meeting of the Board of Directors of Pilipinas Shell Petroleum Corporation (the “Corporation”) held on 14 March 2018 at its principal office, at which meeting a quorum was present and acting throughout, the following matters were discussed and approved: 1. Audited Financial Statements of the Corporation as of 31 December 2017; 2. Dividend Declaration; 3. Re-appointment of Sycip Gorres Velayo & Company as the External Auditors of the Corporation for 2018, upon recommendation of the Corporation’s Board Audit and Risk Oversight Committee; and 4. Closing of the Stock and Transfer Book on 31 March 2018 to determine the list of Stockholders entitled to the Notice of Annual Stockholders Meeting to be held on 03 May 2018, and to vote thereat and their respective shareholdings. Regarding item (2), the Board declared cash dividend of PhP5.14 per share, or a total payout of PhP8,293.1 million, out of its unrestricted retained earnings as of 31 December 2017. The relevant details are as follows: Date of Approval by Board of Directors 14 March 2018 Type Regular Amount of Cash Dividend Per Share PhP5.14 Record Date 28 March 2018 Payment Date 19 April 2018
Other Relevant Information
Please refer to the attached SEC Form 17-C.