Feb 19 (Reuters) - Caltex Australia Ltd CTX.AX :
* RECEIPT OF ACQUISITION PROPOSAL FROM EG GROUP-CTX.AX
* RECEIPT OF NON-BINDING, INDICATIVE AND CONDITIONAL ACQUISITION PROPOSAL FROM EG GROUP
* CALTEX BOARD IS CURRENTLY CONSIDERING PROPOSAL
* EG HAS INDICATED THAT IT IS ALSO PREPARED TO CONSIDER ACQUIRING UP TO 10% OF AMPOL FOR ADDITIONAL CASH CONSIDERATION
* OFFER INCLUDES $3.9 BILLION CASH
* EG HAS INDICATED THAT IT IS ALSO PREPARED TO CONSIDER ACQUIRING UP TO 10% OF AMPOL FOR ADDITIONAL CASH CONSIDERATION
* PROPOSAL PROVIDES FOR CALTEX TO CONTINUE PAYING DIVIDENDS IN ORDINARY COURSE OF BUSINESS PRIOR TO IMPLEMENTATION
* PROPOSAL PROVIDES FOR CALTEX TO PAY A FULLY-FRANKED SPECIAL DIVIDEND TO SHAREHOLDERS TO DISTRIBUTE BALANCE OF CO'S FRANKING CREDITS
* PROPOSAL ALSO PROVIDES FOR CALTEX TO PAY A FULLY-FRANKED SPECIAL DIVIDEND TO CALTEX SHAREHOLDERS TO DISTRIBUTE BALANCE OF FRANKING CREDITS