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)

Jan 3, 2017

2. SEC Identification Number

A200110402

3. BIR Tax Identification No.

213-054-503

4. Exact name of issuer as specified in its charter

SBS PHILIPPINES CORPORATION

5. Province, country or other jurisdiction of incorporation

PHILIPPINES

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

10 RESTHAVEN STREET, SAN FRANCISCO DEL MONTE, QUEZON CITY Postal Code 1105

8. Issuer's telephone number, including area code

(02) 371 1111

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	1,200,000,000

11. Indicate the item numbers reported herein

Item 9: Other events

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.

SBS Philippines CorporationSBS

PSE Disclosure Form 13-1 - Change in Shareholdings of
Directors and Principal Officers References: SRC Rule 23 (SEC Form 23-B) and
Section 13 of the Revised Disclosure Rules

Subject of the Disclosure
Changes in the shareholdingsmi of Ms. Aylene Y. Sytengco, Director and Chief Financial Officer and Treasurer of SBS Philippines Corporation
Background/Description of the Disclosure
Changes in the direct interests of Ms. Aylene Y. Sytengco as a result of share acquisitions

Name of Person	MS. AYLENE Y. SYTENGCO
Position/Designation	DIRECTOR AND CHIEF FINANCIAL OFFICER AND TREASURER

For Equity Securities

Type of Security / Stock Symbol	Date of Transaction	Securities Acquired (A) or Disposed (D)			Ownership Form Direct (D) or Indirect (I)	Nature of Indirect Beneficial Ownership
		Number of Shares	(A) or (D)	Price per Share
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,500	A	5.70	D	N/A
SBS	Dec 28, 2016	3,000	A	5.72	D	N/A
SBS	Dec 28, 2016	2,000	A	5.84	D	N/A
SBS	Dec 28, 2016	300	A	5.74	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,000	A	5.84	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,000	A	5.84	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,000	A	5.84	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,000	A	5.83	D	N/A
SBS	Dec 28, 2016	3,000	A	5.84	D	N/A
SBS	Dec 28, 2016	2,000	A	5.84	D	N/A
SBS	Dec 28, 2016	3,000	A	5.76	D	N/A
SBS	Dec 28, 2016	2,000	A	5.76	D	N/A
SBS	Dec 28, 2016	2,600	A	5.76	D	N/A
SBS	Dec 28, 2016	2,000	A	5.80	D	N/A
SBS	Dec 28, 2016	2,000	A	5.80	D	N/A
SBS	Dec 28, 2016	3,000	A	5.80	D	N/A
SBS	Dec 28, 2016	2,000	A	5.80	D	N/A
SBS	Dec 28, 2016	600	A	5.80	D	N/A
SBS	Dec 28, 2016	3,000	A	5.83	D	N/A
SBS	Dec 28, 2016	2,000	A	5.74	D	N/A
SBS	Dec 28, 2016	2,000	A	5.80	D	N/A
SBS	Dec 28, 2016	1,000	A	5.76	D	N/A
SBS	Dec 28, 2016	2,000	A	5.78	D	N/A
SBS	Dec 28, 2016	1,000	A	5.75	D	N/A
SBS	Dec 28, 2016	11,800	A	5.72	D	N/A

Number of Shares Owned after the Transaction

Direct	7,707,700
Indirect	60,946,700