C01932-2015

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, 2015
2. SEC Identification Number
A200117708
3. BIR Tax Identification No.
219-934-330
4. Exact name of issuer as specified in its charter
XURPAS INC.
5. Province, country or other jurisdiction of incorporation
Philippines
6. Industry Classification Code(SEC Use Only)
7. Address of principal office
7F Cambridge Centre, 108 Tordesillas St., Salcedo Village, Makati City Postal Code 1227
8. Issuer's telephone number, including area code
(632) 889-6467
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 Shares 1,720,000,660
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.

Xurpas Inc.X

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 Report

Source The Manila Times
Subject of News Report Xurpas budget for acquisitions: P978M
Date of Publication Apr 15, 2015
Clarification of News Report

Please see below our clarification of the statement, "Xurpas is on track with its P379-million net income guidance this year on the back of its aggressive Southeast Asia expansion", which appeared in a news article published in The Manila Times.

Xurpas held a press conference on April 15, 2015 at 11:30 a.m. at the Makati Shangrila Hotel. However, Xurpas President Mr. Nico Jose S. Nolledo ("Mr. Nolledo") or anyone from the Xurpas management did not make the statement "P379-million net income guidance this year". What Mr. Nolledo said was that Xurpas was on track with its plans this year. Xurpas is not aware of the reporter's source for the figure cited.

X's gross revenue for 2014 is Php392.2 million, while its net income is Php190.7 million, based on its 2014 Audited Financial Statements.

Other Relevant Information

None

Filed on behalf by:
Name Mark Gorriceta
Designation Assistant Chief Information Officer