PPK GROUP LIMITED — Capital/Financing Update 2014

Jan 20, 2014

21 January 2014

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ASX Announcement

PPK – FUTURE DIRECTION

To address a request by the ASX for greater clarity as regards PPK's future direction and the position in relation to its current and ongoing involvement in industrial properties, property development, financing and mining services PPK advises as follows:

1. PPK's financing business involves only two opportunistic short term first mortgage secured loans totalling $6.8 million. Once these loans are repaid (repayment being due within FY2014) PPK will not relend these monies but will utilise them as working capital in its existing businesses or for the purpose of debt reduction.

2. PPK is locked into the industrial property and property development components of its businesses until at least mid-2015. During this period PPK will:

   • (a) Complete existing contractual arrangements for the sale of:

     • (i) the Arndell Park property;

     • (ii) the Seven Hills Property; and

     • (iii) PPK's interest in the Elizabeth Vale and Avenell Heights Retirement Villages;

   • (b) at the appropriate time and price sell the Dandenong South property; and

   • (c) complete or sell its interests in the Kiah Willoughby and Nerang Street Southport projects.

As matters presently stand, and as has always been the case, PPK will take advantage of any opportunity which may arise to acquire well priced property (or an interest in such property) for development and/or resale at a profit and these two divisions will continue to operate.

Otherwise the proceeds of sale of the currently owned industrial properties and property development projects will be used (as appropriate at the time) to either:

• (a) repay debt;

• (b) provide working capital; and/or

• (c) pay special dividends and/or (subject to shareholder approval) return capital to shareholders.

1. PPK will increase its focus on the mining services sector to:

   • (a) take advantage of the opportunity to acquire mining service businesses at the lower end of their recent value range; and

   • (b) to expand and leverage off its existing Rambor mining services business.

- ENDS –

For further information:

Robin Levison Executive Chairman Tel: 61 (2) 9241 7372

Jury Wowk Non Executive Deputy Chairman Tel: 61 (2) 9334 8455

PPK GROUP LIMITED

ABN: 65 003 964 181

LEVEL 31, AUSTRALIA SQUARE, 264-278 GEORGE STREET, SYDNEY NSW 2000 PO BOX H18, AUSTRALIA SQUARE NSW 1215 TEL: +61 2 9241 7372