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PPK GROUP LIMITED Capital/Financing Update 2009

Oct 5, 2009

65603_rns_2009-10-05_018dcfa2-da8e-43b2-9826-a827301a767c.pdf

Capital/Financing Update

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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

  • 6 October 2009

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

Dear Sir or Madam

Sale of Virginia property

PPK announces the sale of its property located in Virgina, Queensland for $5.2 million.

The Contract for Sale relating to the property:

  • is unconditional; and

  • provides for completion of the transaction on 16 November 2009.

The Company will realise a profit before tax of approximately $2.1 million on completion of the sale.

Yours faithfully PPK GROUP LIMITED

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Colin Ryan Chairman

Contact regarding Announcement: Mr Glenn Molloy, Executive Director on (02) 9521-8444

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