Dec 9 (Reuters) - Infratil Ltd IFT.NZ :
* AWARE THAT AUSTRALIANSUPER PTY LTD, AS TRUSTEE OF AUSTRALIANSUPER PUBLICLY ANNOUNCED ITS INTEREST IN ACQUIRING 100% OF IFT
* IFT BOARD WILL CONSIDER ANY PROPOSAL TO MAXIMISE SHAREHOLDER VALUE
* GIVEN SIGNIFICANT DEFICIENCIES IN PROPOSAL, NO FURTHER ENGAGEMENT IS PLANNED AT THIS TIME
* REVISED PROPOSAL CONFIRMED BY AUSTRALIANSUPER ON DEC 8 IMPLIES A TOTAL OFFER VALUE OF NZ$7.43 PER IFT SHARE
* NO FURTHER ENGAGEMENT IS PLANNED AT THIS TIME
* "BOTH PROPOSALS WERE UNSOLICITED AND MATERIALLY UNDERVALUE OUR SIGNIFICANT RENEWABLE ENERGY AND DIGITAL INFRASTRUCTURE PLATFORMS"
* REVIEWED VALUATION AND PROPOSED STRUCTURE AND UNANIMOUSLY REJECTED BOTH PROPOSALS