July 11 (Reuters) - Virgin Australia Holdings Ltd VAH.AX :
* CONNECTIVITY PTE LIMITED EXPLORING EXIT FROM ITS ABOUT 35% MINORITY INVESTMENT IN VELOCITY FREQUENT FLYER HOLDCO PTY
* GROUP REMAINS COMMITTED TO LONG-TERM GROWTH OF VELOCITY BUSINESS AND EXPECTS TO REMAIN MAJORITY INVESTOR IN VELOCITY
* GROUP EXPECTS TO REMAIN MAJORITY INVESTOR IN VELOCITY
* AFFINITY HAS REQUESTED THAT VARIOUS EXIT OPTIONS FOR SALE OF ITS STAKE BE CONSIDERED Source: Further company coverage: VAH.AX