PPK GROUP LIMITED — Capital/Financing Update 2009

Feb 4, 2009

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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

5 February 2009

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

Performance Update

As a result of the worsening global economic conditions, which has created continued downward pressure on the Australian Securities Exchange, PPK has written down the value of its investments held in listed shares and derivatives held as at 31 December, 2008 by approximately $2.8 million.

As a consequence the Company will report a before tax loss of approximately $800,000 for the first half year.

Trading operations, including rental income from properties and earnings by Rambor, generated positive cash flows, which were unaffected by the above unrealised losses on investments.

PPK continues to meet its banking covenants and has approved bank finance facilities in place which are less than 50% drawn and fixed for up to 3 years.

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Colin Ryan Chairman

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

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