July 15, 2016 Philippine Stock Exchange 3/F Philippine Stock Exchange Plaza Ayala Triangle, Ayala Avenue Makati City Attention: Mr. Jose Valeriano 8. Zuno III OIC - Head, Disclosure Department Gentlemen: We refer to your letter dated July 15, 2016 requesting for clarification and/or confirmation of the news article entitled "PLDT ramps up 2016 capex to $1 8" posted in The Philippine Star (Internet Edition) on July 15, 2016. The article reported in part that: "MANILA, Philippines - The board of PLOT Inc. has approved higher capital expenditures for this year to support digital initiatives. PLOT chairman Manuel V. Pangilinan said during the Smart Unbox event that an additional budget allocation of $100 million was requested on top of the P43 billion capex announced earlier. The additional allocation is being used for the utilization of new frequencies after acquiring half of San Miguel Corp. 's telco assets in May. 'So our spend this year on capex is likely to be in the neighborhood of P48 billion or a little over $1 billion in order to ensure that the transformation of the network would proceed... to a purely data network starting this year, ' Pangilinan said. PLOT is spending the capex to improve data coverage and capacity to deliver a wide array of digital services to cater to customers' needs. We confirm that PLDT's capex for 2016 is estimated to be approximately P48 billion. Our original capex guidance for 2016 was P43 billion (disclosed to the Exchange and the investing public on 29 February 2016). As part of the disclosure to the Exchange on 30 May 2016 regarding the acquisition of San Miguel Corporation's (SMC's) telecommunications businesses, we advised that we expect to spend an additional US$100 million or approximately P5 billion in capex this year to allow PLDT to accelerate the roll out of telco services using the frequencies acquired from SMC. This will help enhance our current networks and increase capacity resulting in faster and improved data services. PLDT's capex program is in support of the company's strategy to improve data coverage and capacity in order to enhance our customers' overall data experience. Respectfully yours, 1fLtf~(
July 15, 2016 SECURITIES & EXCHANGE COMMISSION SEC Building, EDSA Mandaluyong City Attention: Mr. Vicente Graciano P. Felizmenio, Jr. Director - Markets and Securities Regulation Dept. Gentlemen: In compliance with Section 17.1 (b) of the Securities Regulation Code and SRC Rule 17.1.1.1.3(a), we submit herewith two (2) copies of our letter dated July 15, 2016 to the Philippine Stock Exchange, Inc. in response to their letter dated July 15, 2016 requesting for clarification and/or confirmation of the news article entitled "PLDT ramps up 2016 capex to $1 B" posted in The Philippine Star (Internet Edition) on July 15, 2016. Respectfully yours, m-lfe:--t (
COVER SHEET SEC Registration Number Company Name Principal Office (No./StreetiBarangay/City/T own/province) Form Type 6RJ Department requiring the report ~ Secondary License Type, If Applicable [[[[] COMPANY INFORMATION Company's Email Address Company's Telephone Number/s Mobile Number I I 8168553 1 1 No. of Stockholders 11,802 As of June 30, 2016 Annual Meeting Month/Day Every 2 nd Tuesday of June Fiscal Year Month/Day December 31 CONTACT PERSON INFORMATION The designated contact person MUST be an Officer of the Corporation Name of Contact Person Email Address Telephone Number/s Mobile Number Ma. Lourdes C. Rausa-Chan 1 I Irchan@pldt.com.ph 1 1~81_685_53 _I I~ Contact Person's Address MGO Building, Legaspi St. corner Dela Rosa St., Makati City Note: In case of death, resignation or cessation of office of the officer designated as contact person, such incident shall be reported to the Commission within thirty (30) calendar days from the occurrence thereof with information and complete contact details of the new contact person designated.
SECURITIES AND EXCHANGE COMMISSION CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.1 1. July15,2016 Date of Report (Date of earliest event reported) 2. SEC Identification Number PW-55 3. BIR Tax Identification No. 000-488-793 4. PHILIPPINE LONG DISTANCE TELEPHONE COMPANY Exact name of issuer as specified in its charter 5. PHILIPPINES Province, country or other jurisdiction of Incorporation 6. (SEC Use Only) Industry Classification Code 7. Ramon Cojuangco Building, Makati Avenue, Makati City Address of principal office 1200 Postal Code 8. (632) 816-8553 Issuer's telephone number, including area code 9. Not Applicable Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 8 and 12 of the Securities Regulation Code and Sections 4 and 8 of the Revised Securities Act Title of Each Class Number of Shares of Common Stock Outstanding and Amount of Debt Outstanding
11. Item 9 (Other Events) Attached hereto is a copy of our letter to the Philippine Stock Exchange, Inc. in response to their letter dated July 15, 2016 requesting for clarification and/or confirmation of the news article entitled "PLDT ramps up 2016 capex to $1 B" posted in The Philippine Star (Internet Edition) on July 15, 2016. Pursuant to the requirements of the Securities Regulations Code, PLDT has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized. PHILIPPINE LONG DISTANCE TELEPHONE COMPANY By: ~1C--7( July 15, 2016