PPK GROUP LIMITED — Capital/Financing Update 2008

Sep 1, 2008

==> picture [102 x 57] intentionally omitted <==

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

2 September 2008

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

DEBT REPAYMENT - YORK PRECISION PLASTICS PTY LIMITED (YPP) –

LEVERAGED MANAGEMENT BUYOUT

PPK is pleased to advise that the vendor finance it provided for the leveraged management buyout of YPP, announced to the market on 29 June 2007, has been repaid in full. The amount received, $6,814,059, was applied to general debt reduction.

PPK retains ownership of the Riverwood property occupied by YPP under the terms of a lease entered into last year as part of the sale transaction.

==> picture [130 x 63] intentionally omitted <==

David Hoff Managing Director

Contact regarding Announcement: Mr David Hoff, Managing Director on (02) 9521-8444

==> picture [62 x 34] intentionally omitted <==