PPK GROUP LIMITED — Capital/Financing Update 2007

Aug 13, 2007

PPK

GROUP LIMITED

ABN: 65 003 964 181

25-27 WARATAH STREET KIRRAWEE NSW 2232 PO BOX 3006 KIRRAWEE DELIVERY CENTRE NSW 2232 TEL: 61 (2) 9521 8444 ◙ FAX: 61 (2) 9521 4561

14 August 2007

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

LAPSE OF UNQUOTED OPTIONS

PPK advises that the following unlisted options have lapsed:

CLASS/ASXCODE	EXERCISE PRICEPEROPTION	EXPIRY DATE OFOPTIONS	NUMBER OF OPTIONS
PPKAI	$1.65	12 August2007	900,000

There are no unquoted options remaining.

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Robert Nicholls

Company Secretary

Contact regarding Announcement:

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

PPK