Feb 6 (Reuters) - Universal Coal PLC UNV.AX :
* RESPONDS TO TERRACOM'S ANNOUNCEMENT OF AN UNSOLICITED BID
* NO FORMAL OFFER HAS BEEN MADE TO UNIVERSAL'S SHAREHOLDERS
* NOTES THAT TERRACOM HAS NOT YET PUBLISHED AN OFFER DOCUMENT IN CONNECTION WITH POSSIBLE OFFER TO BUY REMAINING SHARES IN CO
* BID COMMITTEE CURRENTLY CONSIDERS PROPOSED TERMS IN TERRACOM ANNOUNCEMENT TO BE INADEQUATE AND INCOMPLETE
* BID COMMITTEE CONCERNED THAT IMPLIED OFFER PRICE MAY SIGNIFICANTLY UNDERVALUE CO
* BID PANEL CONCERNED IMPLIED OFFER PRICE DOES NOT TAKE INTO ACCOUNT CO'S NEAR-TERM GROWTH PROFILE
* REMAINS FOCUSED ON DELIVERING ON BUSINESS PLAN AS AN INDEPENDENT ENTITY