Jan 29 (Reuters) - AMA Group Ltd AMA.AX :
* NOTES ARTICLE IN TODAY'S STREET TALK SECTION OF AUSTRALIAN FINANCIAL REVIEW
* CONFIRMS IT RECEIVED A CONDITIONAL, INDICATIVE PROPOSAL FROM BLACKSTONE PRIVATE EQUITY IN RELATION TO AMA'S PANEL BUSINESS
* CONFIRMS PROPOSAL VALUES PANEL BUSINESS AT $530 MILLION ON CASH FREE, DEBT FREE BASIS AND IS SUBJECT TO NUMEROUS CONDITIONS