News: VTH Vitalharvest Freehold Trust Updates On Revised Roc Proposal-Vth.Ax

March 22 (Reuters) - Vitalharvest Freehold Trust (VTH) :

• FURTHER UPDATE ON REVISED ROC PROPOSAL-VTH.AX
• VTH RE HAS ASSESSED REVISED NON- BINDING PROPOSAL FROM ROC
• DETERMINED THAT ROC PROPOSAL WOULD BE REASONABLY LIKELY TO RESULT IN A SUPERIOR PROPOSAL
• VTH RE DOES NOT RECOMMEND, SUPPORT OR ENDORSE ROC'S NON-BINDING PROPOSAL AT THIS TIME
• VTH RE HAS NOT AT THIS STAGE DETERMINED THAT ROC PROPOSAL IS IN FACT A SUPERIOR PROPOSAL
• VTH RE BOARD TO UNANIMOUSLY RECOMMEND THAT VTH UNITHOLDERS VOTE IN FAVOUR OF MAFM SCHEME IN ABSENCE OF SUPERIOR PROPOSAL