C04124-2019

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, 2019
2. SEC Identification Number
1803
3. BIR Tax Identification No.
000406761000
4. Exact name of issuer as specified in its charter
ABS-CBN Corporation
5. Province, country or other jurisdiction of incorporation
Metro Manila
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
ABS-CBN Broadcast Center, Sgt. Esguerra Avenue corner Mother Ignacia Street, Quezon City, Philippines Postal Code 1103
8. Issuer's telephone number, including area code
(02) 4152272
9. Former name or former address, if changed since last report
Not Applicable
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 861,971,968
Fixed Rate Bonds 6,000,000,000
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.

ABS-CBN CorporationABS

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 "House freezes ABS-CBN franchise bill, firm takes movies to China market"

Source philstar.com
Subject of News Report House freezes ABS-CBN franchise bill, firm takes movies to China market
Date of Publication Jun 12, 2019
Clarification of News Report

We write in reply to the Exchange’s request for confirmation on the news article entitled "House freezes ABS-CBN franchise bill, firm takes movies to China market" posted in philstar.com on June 12, 2019. The article reported in part that:

“MANILA, Philippines — The House of Representatives has frozen the bill, which seeks to renew the legislative franchise of broadcasting giant ABS-CBN Corp. The franchise expires in nine months or on March 20, 2020.

Without a franchise renewal, the radio-television network may have to close shop.

There are speculations that the Lopez-owned broadcasting firm is strengthening its online service in preparation for that possibility.

The Committee on Legislative Franchises, where House Bill 4349 bill had been pending since November 2016, did not submit a report on it before the outgoing 17th Congress adjourned its third and last regular session yesterday.

This means that the renewal measure would have to be re-filed in the 18th Congress, which convenes on July 22.

. . . .”

ABS-CBN is unable to clarify or comment on the article as it is neither the source of the said news article nor is it privy to any claims expressed therein. Thank you.

Other Relevant Information

N/A

Filed on behalf by:
Name Ricardo Tan, Jr.
Designation Corporate Treasurer, Corporate Information Officer and Compliance Head