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)

May 2, 2018

2. SEC Identification Number

31171

3. BIR Tax Identification No.

000-168-801

4. Exact name of issuer as specified in its charter

PETRON CORPORATION

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

San Miguel Head Office Complex, 40 San Miguel Avenue, Mandaluyong City Postal Code 1550

8. Issuer's telephone number, including area code

(63 2) 886-3888, 884-9200

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 (PCOR)	9,375,104,497
PREFERRED SERIES 2A (PRF2A)	7,122,320
PREFERRED SERIES 2B (PRF2B)	2,877,680
PCOR SERIES A BONDS DUE 2021 (IN MIL PESO)	13,000
PCOR SERIES B BONDS DUE 2023 (IN MIL PESO)	7,000
TOTAL DEBT AS OF DEC 31, 2017 (IN MIL PESO-CONSO)	238,411

11. Indicate the item numbers reported herein

Item 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.

Petron CorporationPCOR

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 entitled "Petron eyes building 200 more service stations in 2018" posted in BusinessMirror (Internet Edition) on May 2, 2018.

Source	BusinessMirror (Internet Edition)
Subject of News Report	"Petron eyes building 200 more service stations in 2018"
Date of Publication	May 2, 2018

Clarification of News Report
We write in response to your request for clarification and/or confirmation of the news article entitled “Petron eyes building 200 more service stations in 2018” posted in BusinessMirror (Internet Edition) on May 2, 2018. The article reported in part that: “PETRON Corp. is eyeing to put up as many as 200 service stations this year to further cement its market share. . . . . He said Petron could open an additional 100 to 200 stations this year as against the 150 stations it put up in 2017. ‘We’re aiming the rollout across the archipelago. We’re trying to be present in all areas of the Philippines,’ he said. . . . .” We confirm that the statements attributed to Petron’s President and Chief Executive Officer, Mr. Ramon S. Ang, and Senior Vice President and Chief Finance Officer, Mr. Emmanuel E. Eraña, as reported in the above-quoted article. Since 2009, Petron has embarked on a retail expansion program to make its premium products and services accessible to more consumers.
Other Relevant Information
Please see attached letter dated May 2, 2018.