Nov 30 (Reuters) -

* INDITEX'S CHAIRMAN ISLA SAYS TRANSITION IS CULMINATION OF MISSION AT INDITEX AND COMMITMENT TO AMANCIO ORTEGA

* ISLA SAYS GOOD NEWS MARTA ORTEGA BECOMES CHAIRWOMAN OF INDITEX

* INDITEX'S INCOMING CEO GARCIA MACEIRAS SAYS HE'S EXCITED WITH NEW ROLE IN GROUP

* ISLA SAYS NOW IS THE RIGHT MOMENT FOR TRANSITION, AS COMPANY IS SOLID

* ISLA SAYS COMPANY'S MODEL WILL CONTINUE

* ISLA SAYS HIS TEAM WAS WORKING ON TRANSITION FOR LONG TIME

* ISLA SAYS WILL BE FOCUSED ON MAKING TRANSITION WORK FOR NEXT FOUR MONTHS

* ISLA SAYS MARTA ORTEGA WILL KEEP OVERSEEING ZARA'S FASHION

* ISLA DISMISSED TUESDAY SHARE PRICE DECLINE AS SHORT TERM SWING, SAYS IMPORTANT IS LONG TERM

* ISLA SAYS CONFIDENT ABOUT SHARE PRICE EVOLUTION IN FUTURE

* INDITEX'S INCOMING CEO GARCIA MACEIRAS SAYS PRIORITY IS TO CONTINUE WITH INDITEX'S SUCCESSFUL BUSINESS MODEL AND ADAPT IT WHERE NECESSARY Further company coverage: (Reporting by Madrid Newsroom)