PPK GROUP LIMITED — Capital/Financing Update 2007

Jul 1, 2007

GROUP LIMITED ABN: 65 003 964 181

25-27 WARATAH STREET KIRRAWEE NSW 2232 P O BOX 3006, KIRRAWEE DELIVERY CENTRE NSW 2232 TEL: 61 (2) 9521 8444 8 FAX: 61 (2) 9521 4561

29 June 2007

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

SALE OF YORK PRECISION PLASTICS PTY LTD (YPP)

PPK Group today exchanged contracts and completed the sale of YPP for $9.25 million. The sale price equates to the net assets of YPP which was purchased in a leveraged buyout by the current management.

PPK Group retains the Riverwood property that houses YPP in Sydney and has entered into a three year lease with the new owners on commercial terms.

YPP is a manufacturer and distributor of acrylic plastic sheeting operating in a mature Australian marketplace. The sale of YPP together with the sale of the plastic packaging business earlier this year means PPK has exited all plastic related manufacturing business and allows PPK to concentrate on our investments, properties and mining equipment manufacturer, Rambor.

David Hoff Managing Director

Contact regarding Announcement:

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