Oct 30 (Reuters) - AMP Ltd AMP.AX :
* CONFIRMS THAT IT HAS RECEIVED AN INDICATIVE, NON-BINDING, CONDITIONAL PROPOSAL FROM ARES MANAGEMENT CORPORATION
* NOTES DISCUSSIONS ON PROPOSAL ARE AT A VERY PRELIMINARY STAGE AND THERE IS NO CERTAINTY THAT A TRANSACTION WILL EVENTUATE
* RECEIVED SIGNIFICANT INTEREST IN ITS ASSETS AND BUSINESSES
* CONTINUES TO PROGRESS ITS PORTFOLIO REVIEW ANNOUNCED ON 2 SEPT
* AMP CONFIRMS IT GOT INDICATIVE, NON-BINDING, CONDITIONAL PROPOSAL FROM ARES MANAGEMENT TO BUY 100% OF CO BY WAY OF SCHEME OF ARRANGEMENT