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)

Jul 11, 2018

2. SEC Identification Number

ASO93-005277

3. BIR Tax Identification No.

002-648-099-000

4. Exact name of issuer as specified in its charter

LBC EXPRESS HOLDINGS, INC. (formerly FEDERAL RESOURCES INVESTMENT GROUP INC.)

5. Province, country or other jurisdiction of incorporation

Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

LBC Hangar, General Aviation Center, Domestic Airport Road, Pasay City Postal Code 1300

8. Issuer's telephone number, including area code

(632) 856 8510

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

Federal Resources Investment Group Inc. / No. 35 San Antonio Street, San Francisco del Monte, Quezon City 1105

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	1,425,865,471

11. Indicate the item numbers reported herein

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.

LBC Express Holdings, Inc.LBC

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 on the news article entitled “LBC Express expands network, going digital” posted in Manila Bulletin (Internet Edition) on July 10, 2018.

Source	Manila Bulletin (Internet Edition)
Subject of News Report	LBC Express expands network, going digital
Date of Publication	Jul 10, 2018

Clarification of News Report
11 July 2018 PHILIPPINE STOCK EXCHANGE, INC. 3rd Floor, Tower One and Exchange Plaza Ayala Triangle, Ayala Avenue, Makati City Attention: Ms. Janet Encarnacion Head Disclosure Department Gentlemen: This is in reference to the Philippine Stock Exchange’s (the “Exchange”) correspondence dated today, 11 July 2018, seeking clarification and/or confirmation of the news article entitled “LBC Express expands network, going digital” posted in Manila Bulletin (Internet Edition) on July 10, 2018. The article reported in part that: “LBC Express Holdings, Inc. may spend up to P300 million for the expansion of its branch network nationwide with the aim of opening about 100 branches per year from 2018 to 2020. In an interview after the firm’s annual stockholders’ meeting, LBC President Miguel Angel A. Camahort said though that the target is not set in stone since branch openings can be influenced by various factors. He said each branch costs about P700,000 to P1 million to open since they don’t put up the building but just equip leased facilities. . . . .” In compliance with your request for clarification regarding the news article posted in Manila Bulletin (Internet Edition) on July 10, 2018, please be advised that we hereby confirm such statements in the article of the Manila Bulletin. LBC remains firm in its desire and intention of opening 70 to 100 branches for the period indicated, which may cost from PHP 700,000 to PHP 1,000,000 each. Part of the funding source shall be internally generated, in addition to proceeds from the proposed follow-on offering LBC Express Holdings, Inc., application for which is still currently in process. We hope to have clarified the quoted news articles in the interest of trading participants and investing public. Thank you. Very truly yours, Enrique V. Rey, Jr. Director
Other Relevant Information
--