March 11 (Reuters) - Onthehouse Holdings Ltd OTH.AX :
* Independent board committee has decided to allow consortium to undertake confirmatory due diligence for approximately four weeks
* Says the independent board committee has not granted exclusivity to the consortium
* Says Onthehouse shareholders do not need to take any action in response to the revised proposal at this stage
* Source text for Eikon ID:nASXbvLwwC