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

A199611593

3. BIR Tax Identification No.

005038428

4. Exact name of issuer as specified in its charter

Manila Water Company, Inc.

5. Province, country or other jurisdiction of incorporation

Quezon City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

MWSS Administration Building, 489 Katipunan Road, Balara, Quezon City, Philippines Postal Code 1105

8. Issuer's telephone number, including area code

(02) 981-8122

9. Former name or former address, if changed since last report

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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	2,053,945,884

11. Indicate the item numbers reported herein

Please see attached letter to the SEC and PSE.

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.

Manila Water Company, Inc.MWC

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 Article

Source	Manila Bulletin (Internet Edition)
Subject of News Report	Maynilad, MWC plan to spend P285B
Date of Publication	Mar 13, 2018

Clarification of News Report
We reply to your request for clarification on the news article entitled “Maynilad, MWC plan to spend P285 B” posted in the Manila Bulletin (internet edition) on March 13, 2018. The article reported in part that: “Metro Manila’s water utilities — Maynilad Water Services, Inc. and Manila Water Corp. — are looking to spend as much as P285 billion over the next 19 years so that by 2037, the country’s capital is already 100 percent covered in terms of sewage treatment system. . . . . For its part, Manila Water said it could boost its capacity to 725 mld from 2018 to 2022 for an investment worth P37.44 billion. Another P116 billion will be invested by the company from 2023 to 2037 for additional 222 mld. Overall, the company would have to spend as much as P153.44 billion to have a capacity of 947 mld. Manila Water should increase its sewerage coverage by 39 percent by 2021, 65 percent by 2026, 90 percent by 2031, and 99 percent by 2036. . . . .” We would like to confirm that Manila Water has submitted to the MWSS-Regulatory Office its proposed Business Plan for the 2018 rate rebasing activity. We would note, however, that the proposals stated on the said Business Plan, which includes proposals for CAPEX, OPEX, and service obligation targets, are still subject to review and approval of the MSSS-Regulatory Office. Rest assured that Manila Water shall report to the Exchange the final figures as approved by the MWSS-Regulatory Office. We trust that the foregoing explanation satisfies your request for clarification.
Other Relevant Information
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