Dec 10 (Reuters) - Link Administration Holdings Ltd LNK.AX :
* UPDATE ON SS&C NON-BINDING INDICATIVE PROPOSAL-LNK.AX
* CONSIDERS THAT SS&C PROPOSAL DOES NOT REPRESENT COMPELLING VALUE FOR LINK GROUP SHAREHOLDERS ON A CONTROL BASIS
* CONSIDERS THAT IT IS APPROPRIATE TO PROVIDE SS&C WITH DUE DILIGENCE INFORMATION ON A NON-EXCLUSIVE BASIS