Sept 6 (Reuters) - Investa Office Fund (IOF) :
- CONDITIONAL PRICE INCREASE UNDER BLACKSTONE PROPOSAL
- BLACKSTONE IS PREPARED TO INCREASE CONSIDERATION PAYABLE PER IOF UNIT UNDER SCHEME FROM $5.3485 TO $5.52 PER IOF UNIT
- ILFML BOARD INTENDS TO WORK WITH BLACKSTONE TO GIVE EFFECT TO PRICE INCREASE
- UNITHOLDERS ARE ADVISED TO TAKE NO ACTION AT THIS POINT IN TIME
- DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND BLACKSTONE SCHEME IN ABSENCE OF SUPERIOR PROPOSAL
- ILFML INTENDS TO SEEK JUDICIAL ADVICE THAT IT IS JUSTIFIED IN RESUMING ADJOURNED MEETING
