March 22 (Reuters) - Vitalharvest Freehold Trust VTH.AX :
* FURTHER UPDATE ON REVISED ROC PROPOSAL-VTH.AX
* VTH RE HAS ASSESSED REVISED NON- BINDING PROPOSAL FROM ROC
* DETERMINED THAT ROC PROPOSAL WOULD BE REASONABLY LIKELY TO RESULT IN A SUPERIOR PROPOSAL
* VTH RE DOES NOT RECOMMEND, SUPPORT OR ENDORSE ROC'S NON-BINDING PROPOSAL AT THIS TIME
* VTH RE HAS NOT AT THIS STAGE DETERMINED THAT ROC PROPOSAL IS IN FACT A SUPERIOR PROPOSAL
* VTH RE BOARD TO UNANIMOUSLY RECOMMEND THAT VTH UNITHOLDERS VOTE IN FAVOUR OF MAFM SCHEME IN ABSENCE OF SUPERIOR PROPOSAL