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)

Aug 22, 2017

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 Building, 108 Tordesilas St., Salcedo Village, Makati City Postal Code 1227

8. Issuer's telephone number, including area code

(632) 889-64-67

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 Stock	1,803,654,504

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	Philippine Star
Subject of News Report	Xurpas to transform into platform company
Date of Publication	Aug 21, 2017

Clarification of News Report
This refers to your communication received today seeking clarification or confirmation of the news article entitled "Xurpas to transform into platform company" posted in the Philippine Star (Internet Edition) on August 21, 2017. The article reported in part that: “MANILA, Philippines - Listed technology company Xurpas Inc. is laying the groundwork to become a successful platform company in the likes of Facebook, Airbnb and Uber. In a recent interview with The STAR, Xurpas chairman Nix Nolledo said platform companies make revenues from products they did not necessarily spend on. He cited Airbnb as an example, which provides a platform for people who rent out their spare rooms or houses. ‘They (Airbnb) never spent a dollar to build those rooms,’ he said. Likewise, he said, Facebook makes money from conversations initiated by people who have no affiliation with Facebook. ‘So for us to be very, very large in the future, we need to be successful in the platform business and not just a product or service business,’ he said. At present, Nolledo said, almost nothing of the company’s revenue comes out of the platform business. ‘We’re looking at the change in thrust in the future,’ he said, adding that Xurpas is looking to launch a platform business this year. . . . .” We confirm that the above-quoted statements were accurately made by our Chairman and Chief Executive Officer, Mr. Nico Jose S. Nolledo
Other Relevant Information
None.