CR05131-2016

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.

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 Various Directors and Officers
Relationship of Reporting Person to Issuer Directors and Officers
Description of the Disclosure

The following directors and officers have acquired the shares via the property dividend declaration by Philex Mining Corporation with record date as of March 15, 2016 at the prevailing market price during that time at P1.75 per share, as follows:
1. Manuel V. Pangilinan
2. Eulalio B. Austin, Jr.
3. Daniel Stephen P. Carlos
4. Barbara Anne C. Migallos
5. Robert C. Nicholson
6. Marilyn A. Victorio-Aquino
7. Benjamin S. Austria
8. Paraluman M. Navarro

Filed on behalf by:
Name DANIEL STEPHEN CARLOS
Designation PRESIDENT