Sept 6 (Reuters) - Investa Office Fund IOF.AX :
* CONDITIONAL PRICE INCREASE UNDER BLACKSTONE PROPOSAL
* BLACKSTONE IS PREPARED TO INCREASE CONSIDERATION PAYABLE PER IOF UNIT UNDER SCHEME FROM $5.3485 TO $5.52 PER IOF UNIT
* ILFML BOARD INTENDS TO WORK WITH BLACKSTONE TO GIVE EFFECT TO PRICE INCREASE
* UNITHOLDERS ARE ADVISED TO TAKE NO ACTION AT THIS POINT IN TIME
* DIRECTORS CONTINUE TO UNANIMOUSLY RECOMMEND BLACKSTONE SCHEME IN ABSENCE OF SUPERIOR PROPOSAL
* ILFML INTENDS TO SEEK JUDICIAL ADVICE THAT IT IS JUSTIFIED IN RESUMING ADJOURNED MEETING