April 26 (Reuters) - MG Unit Trust (MGC) : Murray goulburn -...

April 26 (Reuters) - MG Unit Trust (MGC) :

• Murray goulburn - trading and FY 2016 outlook update
• FY 2016 outlook of available southern milk region farmgate milk price (FY

  2016 FMP) of $5.60 2 per kilogram milk solids (KGMS) is no longer achievable

• Expected NPAT of between $39 million to $42 million with dividend to shares

  and distribution to units of between 7.1 cents to 7.8 cents for FY

• MG now expects its FY 2016 distributable milk pool (DMP) to be approximately

  $170 million to $220 million lower than previously forecast

• Lower than expected adult milk powder sales in china, impacting FY 2016 DMP

  by $60 million to $100 million

• Milk revaluation expense on inventory as a result of this lower than expected

  FY 2016 FMP, impacting FY 2016 DMP by $40 million to $54 million

• Announces milk supply support package
• "Package will assist suppliers through this transition and ensure that

  unitholders are kept whole for support"

• Adult milk powder volume expectations now reduced for 4Q16
• Expects that asx trading in the MG Unit trust's units will recommence at

  commencement of normal trading on April 27

• Revised sales forecast has been undertaken for 4Q16 which has significantly

  reduced expectations for remainder of financial year

• MG confirms that it has headroom within its existing funding arrangements
• Confirms this initiative is not expected to impact mg's planned capital

  investments

• MG will deduct a fixed amount from future milk payments over the next three

  financial years