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)

Dec 12, 2019

2. SEC Identification Number

21817

3. BIR Tax Identification No.

000-530-631

4. Exact name of issuer as specified in its charter

Philippine Telegraph and Telephone Corporation

5. Province, country or other jurisdiction of incorporation

Metro Manila, Philippines

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Spirit of Communications Center 106 C. Palanca St. Legaspi Village, Makati City Postal Code 1229

8. Issuer's telephone number, including area code

(02) 8726-8888

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	1,500,000,000

11. Indicate the item numbers reported herein

Item 9. Others

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.

Philippine Telegraph and Telephone CorporationPTT

PSE Disclosure Form 4-26 - Legal Proceedings References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Decision of the Court of Appeals on the petition filed by PTT against National Telecommunications Commission (NTC)
Background/Description of the Disclosure
On 11 December 2019, PTT received the Decision rendered by the Court of Appeals requiring NTC to recompute the amount of the Supervision and Regulatory Fee (SRF) it is collecting from PTT.

Name of the court or agency in which the proceedings are pending	Court of Appeals
Date Instituted	Oct 1, 2018
Docket Number	CA-G.R. SP No. 157709

Principal Parties
Philippine Telegraph and Telephone Corporation (Petitioner) and National Telecommunications Commission (Respondent)
Nature and description of the legal proceedings
PTT filed the Petition with the Court of Appeals to question the amount of the SRF that NTC is collecting. The computation of NTC is incorrect since it is based on its erroneous interpretation of what constitutes PTT's paid-up capital. The Court of Appeals rendered a Decision remanding the case to NTC and further requiring NTC to recompute the SRF due from PTT.
The effect(s) on the Issuer's business or operations, if any
None considering that the Decision of the Court of Appeals is not yet final and executory.
Other Relevant Information
None.