March 2 (Reuters) - Tatts Group Ltd (TTS) :
- Says 'amount of the interest has not yet been determined"
- Says high court of Australia judgment
- Expected financial impact in the 2016 full year accounts will be payment to
state of additional interest plus costs
- Decision not expected to affect co's ability to continue its stated dividend
policy of maintaining a high annual dividend payout ratio
- Litigation proceeds have been used to repay debt as it matured and this has
resulted in an approximate $18.6 million after tax benefit
- Court of Australia upheld the state of victoria's appeal in relation to the
matter of the state of Victoria v Tatts Group Limited
- Court says Tatts must repay the state $540.5 million plus interest from 27
June 2014
