May 3 (Reuters) - Superloop Ltd SLC.AX :
* NON-BINDING INDICATIVE PROPOSAL RECEIVED FROM QIC
* RECEIVED A FURTHER REVISED NON-BINDING, CONDITIONAL AND INDICATIVE PROPOSAL FROM QIC TO ACQUIRE COMPANY FOR $1.95 PER SHARE
* IN BEST INTERESTS OF SUPERLOOP SHAREHOLDERS TO GRANT QIC PERIOD OF ABOUT 3WEEKS TO CONDUCT DUE DILIGENCE ON AN EXCLUSIVE BASIS