Oct 26 (Reuters) - Link Administration Holdings Ltd LNK.AX :
* UPDATE ON NON-BINDING INDICATIVE PROPOSAL TO ACQUIRE LINK
* RECEIVED A REVISED NON-BINDING INDICATIVE PROPOSAL FROM CONSORTIUM
* REVISED PROPOSAL PROVIDES FOR AN ACQUISITION OF LINK GROUP AT A CASH PRICE OF $5.40 PER SHARE
* CONSORTIUM REQUIRES 6 WEEK DUE DILIGENCE PERIOD IN ORDER TO FURTHER PROGRESS ITS REVISED PROPOSAL AND TO OBTAIN FINANCE
* PROPOSAL INCLUDES OPTION OF A CASH OFFER FOR LINK GROUP EX-PEXA OF $3.80 PER SHARE
* BOARD WILL CONSIDER REVISED PROPOSAL