PPK GROUP LIMITED — Capital/Financing Update 2006

Apr 11, 2006

25-27 WARATAH STREET KIRRAWEE NSW 2232 AUSTRALIA

TELEPHONE: (02) 9521 8444 FACSIMILE: (02) 9521 4561

PO BOX 297 JANNALI NSW 2226 AUSTRALIA

www.plaspak.com.au

12 April 2006

Company Announcements Office Australian Stock Exchange Limited

For Release to the Market

PROFIT ON SALE OF KIRRAWEE PROPERTY

Plaspak is pleased to announce that it has entered into an unconditional contract for the sale of its property at Yalgar Road, Kirrawee with completion due prior to 30 June 2006.

The sale price represents a profit of approximately $1 million which will not have any attaching tax liability.

Robert Nicholls Company Secretary

Contact regarding Announcement:

Mr David Hoff, Managing Director on (02) 9521-8444