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 8, 2018

2. SEC Identification Number

152747

3. BIR Tax Identification No.

000-153-790-000

4. Exact name of issuer as specified in its charter

Ayala Land, Inc.

5. Province, country or other jurisdiction of incorporation

Makati City, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

31F Tower One and Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City, Philippines Postal Code 1226

8. Issuer's telephone number, including area code

(632) 750 6974

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	14,734,881,081
Preferred Shares	13,066,494,759
Amount of Debt Outstanding (Registered)	95,390,60,000

11. Indicate the item numbers reported herein

Item 9 - Other Matters

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.

Ayala Land, Inc.ALI

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 Article: "Ayala Land mulls P5-billion bond issuance"

Source	BusinessWorld Online
Subject of News Report	"Ayala Land mulls P5-billion bond issuance"
Date of Publication	Aug 8, 2018

Clarification of News Report
We wish to confirm that Ayala Land, Inc. (ALI) has a balance of P8-billion in its shelf registration with the Securities and Exchange Commission (SEC) and may issue up to P5-billion worth of fixed-rate bonds to partly finance its capital expenditure for the year. In addition, ALI may opt to increase the potential issuance to up to P8-billion to maximize the remaining balance of its shelf registration with the additional P3-billion proceeds to be used to term-out short-term loans.
Other Relevant Information
None