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Philex Petroleum CorporationPXP

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	Social Security System
Relationship of Reporting Person to Issuer	More than 5% shareholder of Philex Petroleum Corporation

Description of the Disclosure
The percentage holdings of SSS will take effect upon the distribution of the property dividends on July 15, 2016. Please see attached.