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)

Apr 16, 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

-

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 4-3 - Amendments to Articles of Incorporation References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Amendment of the Seventh Article of the Articles of Incorporation
Background/Description of the Disclosure
The stockholders approved the amendment of the Seventh Article of the Articles of Incorporation of Manila Water Company, Inc.

Date of Approval by Board of Directors	Mar 1, 2018
Date of Approval by Stockholders	Apr 16, 2018
Other Relevant Regulatory Agency, if applicable	Securities and Exchange Commission
Date of Approval by Relevant Regulatory Agency, if applicable	TBA
Date of Approval by Securities and Exchange Commission	TBA
Date of Receipt of SEC approval	TBA

Amendment(s)

Article No.	From	To
Seven	"There shall be no pre-emptive rights with respect to shares of stock to be issued, sold or otherwise disposed of by the Corporation (i) to its officers and/or employees pursuant to a duly approved stock option, stock purchase, stock subscription or similar plans, or (ii) through a duly approved public offering of the primary shares of the Corporation."	“There shall be no pre-emptive rights with respect to shares of stock to be issued, sold or otherwise disposed of by the Corporation (i) to its officers and/or employees pursuant to a duly approved stock option, stock purchase, stock subscription or similar plans, or (ii) through a duly approved public offering of the primary shares of the Corporation. Three Hundred Million (300,000,000) unissued common shares (the “Carved-Out Shares”) of the Corporation are reserved or allocated for issuance in one or more transactions or offerings, (a) for properties or assets needed for the business of the Corporation, or (b) for cash to acquire properties or assets needed for the business of the Corporation. The issuance of all or any part of the Carved-Out Shares is not subject to any pre-emptive right by any shareholder and does not require the approval of stockholders.”

Rationale for the amendment(s)
The amendment exempts from pre-emptive rights of the stockholders the issuance of up to Three Hundred Million Common Shares ("Carved-out Shares"). Carved-out Shares may be issued for properties or assets needed for the business of the Company.

The timetable for the effectivity of the amendment(s)

Expected date of filing the amendments to the Articles of Incorporation with the SEC	TBA
Expected date of SEC approval of the Amended Articles of Incorporation	TBA

Effect(s) of the amendment(s) to the business, operations and/or capital structure of the Issuer, if any
-
Other Relevant Information
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