May 19 (Reuters) - Vicinity Ltd (CER) : Extends asset...

May 19 (Reuters) - Vicinity Ltd (CER) :

• Extends asset divestment program
• Announced asset divestment program of about $750 million to $1 billion has

  been extended to about $1.5 billion

• This revised amount of potential asset sales includes the in principle

  agreement to sell stakes in two assets to ISPT

• Says sale proceeds from the asset divestment program will be used to repay

  debt

• Says no impact on FY 2016 underlying EPS guidance is anticipated due to the

  expected timing of asset sales

• No impact on FY 2016 underlying EPS guidance is anticipated due to expected

  timing of asset sales