March 4 (Reuters) - E&P Financial Group Ltd EP1.AX :
* E&P FINANCIAL GROUP LTD- BOARD REAFFIRMS THAT EP1 SHAREHOLDERS SHOULD REJECT 360 CAPITAL'S OFFER
* E&P FINANCIAL GROUP LTD - 360 CAPITAL OFFER MATERIALLY UNDERVALUES EP1 GIVEN EP1'S MEDIUM- TO LONG-TERM PROSPECTS