Dec 7 (Reuters) - Ashley Services Group Ltd ASH.AX :
* Market update and FY 2016 earnings guidance ASH.AX
* Says FY 2016 EBITDA forecast reduced to a range of $7 million to $9 million
* Says dividend policy reviewed, with no interim dividend to be declared for 1HFY16
* Says additional costs have been incurred during the first half of FY 2016 in relation to ash's diversification initiatives
* Commenced search processes to replace Ross Shrimpton as managing director
* Source text for Eikon ID:nASX8K187W