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Philippine National BankPNB

PSE Disclosure Form 17-7 - Statement of Changes in Beneficial
Ownership of Securities References: SRC Rule 23 and
Section 17.5 of the Revised Disclosure Rules

Name of Reporting Person	Roberto F. Abastillas
Relationship of Reporting Person to Issuer	Executive Vice President of PNB

Description of the Disclosure
We are pleased to submit herewith the Statement of Changes in Beneficial Ownership of Securities (SEC Form 23-B) of Mr. Roberto F. Abastillas, EVP and Head of the Institutional Banking Sector of the Bank. We trust you will take note accordingly. Thank you.