Aug 20 (Reuters) - Mg Unit Trust MGC.AX :
* MURRAY GOULBURN ACKNOWLEDGES SECOND CLASS ACTION
* NOTIFIED THAT A CLASS ACTION PROCEEDING HAS BEEN FILED AGAINST THEM IN FEDERAL COURT OF AUSTRALIA VICTORIA REGISTRY
* MG AND MGRE INTEND TO DEFEND PROCEEDING
* PROCEEDING HAS BEEN FILED ON BEHALF OF APPLICANT BY SLATER AND GORDON LAWYERS AND HAS BEEN SERVED ON MG AND MGRE TODAY
* PROCEEDING IS BROUGHT ON BEHALF OF APPLICANTS WHO HAVE ENTERED LITIGATION FUNDING AGREEMENT WITH IMF BENTHAM ON OR BEFORE AUG 16