PPK GROUP LIMITED — Capital/Financing Update 2007

Apr 4, 2007

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

5 April 2007

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

RECEIPT OF PERFORMANCE PAYMENT -PLASTICS PACKAGING BUSINESS SALE & RECOGNITION OF PROFIT FROM INVESTMENT

PPK is pleased to announce that it has satisfied the remaining performance criteria under consultancy arrangements with the purchaser of its plastics packaging business. Consequently, PPK expects to receive a further and final performance payment of $2.5 million on or by 10 April 2007. This payment will be brought to account as pre-tax profit in the June 2007 half year.

Since the sale of its plastics packaging business, PPK has sought appropriate investment opportunities in various publicly listed and privately held businesses. As a result of the conversion of convertible notes to ordinary shares in respect of one of these investments, PPK will, in accordance with accounting standards, generate an unrealised pre-tax profit in the June 2007 half year of approximately $1.7 million. This is in addition to the $460,000 in pre-tax profit recognised in the December 2006 accounts.

Robert Nicholls Company Secretary

Contact regarding Announcement:

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