C04091-2018

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)
Jun 13, 2018
2. SEC Identification Number
PW-121
3. BIR Tax Identification No.
000-438-366-000
4. Exact name of issuer as specified in its charter
BANK OF THE PHILIPPINE ISLANDS
5. Province, country or other jurisdiction of incorporation
MANILA, PHILIPPINES
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
BPI Building, 6768 Ayala Avenue corner Paseo de Roxas, Barangay San Lorenzo, Makati City Postal Code 1226
8. Issuer's telephone number, including area code
(632) 816-9705
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 4,502,448,426
11. Indicate the item numbers reported herein
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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.

Bank of the Philippine IslandsBPI

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

Medium Term Note Programme

Background/Description of the Disclosure

Please be informed that during its meeting held on 13 June 2018, the Board of Directors of the Bank of the Philippine Islands (the "Bank") approved the establishment of a Medium Term Note Programme (the "Programme") in the aggregate amount of up to Two Billion U.S. Dollars (USD 2,000,000,000), or its equivalent in other currencies.

The Programme is part of the Bank's initiatives to maximize flexibility in accessing funding expediently. The issuance of notes under the Programme shall be subject to market conditions and shall be determined by requirements of the Bank’s business.

Other Relevant Information

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Filed on behalf by:
Name Josenia Jessica Nemeno
Designation Assistant Corporate Secretary