Metro Pacific Investments : Clarification of News Reports

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 17, 20222. SEC Identification Number CS2006044943. BIR Tax Identification No. 244-520-457-0004. Exact name of issuer as specified in its charter Metro Pacific Investments Corporation5. Province, country or other jurisdiction of incorporation Metro Manila, Philippines6. Industry Classification Code(SEC Use Only) 7. Address of principal office 10F MGO Building, Legazpi cor. de la Rosa Sts., Legazpi Vill., Makati CityPostal Code07218. Issuer's telephone number, including area code (632) 8888-08889. Former name or former address, if changed since last report N/A10. 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 of Stock	30,070,247,752

11. Indicate the item numbers reported herein 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.

Metro Pacific Investments CorporationMPI 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	philSTAR.com
Subject of News Report	"Maynilad IPO seen after next rebasing cycle"
Date of Publication	Jan 17, 2022

Clarification of News Report

We write with respect to the attached article entitled "Maynilad IPO seen after next rebasing cycle" posted in philSTAR.com on January 17, 2022. In the said article it was reported in part that: "MANILA, Philippines - Pangilinan-led Maynilad Water Services Inc. expects to undertake its initial public offering (IPO), as mandated by the newly signed Republic Act 11600, after its next rate rebasing cycle. 'It will definitely not be this year. At the minimum, it will be after the rate rebasing or when the contract and franchise are stable,' Maynilad president and CEO Ramoncito Fernandez told The STAR. . . . . The next rate rebasing will commence in March 2022, and if it is successful, rates will increase in January 2023. . . . . " We confirm the information quoted in the aforementioned news article. We wish to clarify, however, that while no final decision on the terms and timing of the IPO has been made, Maynilad is required under its franchise to do the IPO within five years from the effectivity of its franchise. We hope to have clarified the quoted news article in the interest of the trading participants and the investing public.

Other Relevant Information

None.

Filed on behalf by:

Name	RICARDO III PILARES
Designation	Vice President for Legal and Compliance Officer