PPK GROUP LIMITED — Capital/Financing Update 2015

May 18, 2015

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ASX ANNOUNCEMENT

FOR IMMEDIATE RELEASE TO THE MARKET

PPK Group Limited – ASX Code: PPK

Tuesday 19 May 2015

Dandenong South Property Sale Now Unconditional

PPK Group Limited (ASX: PPK) previously announced (ASX: 30/4/2015) that its wholly owned subsidiary, Dandenong South Property Pty Ltd (DSP) had entered into a conditional agreement for the sale of its Dandenong South property for $12.35 million.

PPK is now pleased to announce that the conditions precedent have been satisfied, the agreement is now unconditional and the sale is to proceed to completion on 21 May 2015.

The Dandenong South property sale proceeds will be used to reduce debt by $8.4 million and the surplus funds will be deployed into new property development projects, a number of which are currently under review.

For further information contact:

Robin Levison Chairman Tel: (07) 3054 4500

Peter Barker Chief Executive Officer Tel: (07) 3054 4500

PPK GROUP LIMITED

ABN: 65 003 964 181

Level 27, 10 Eagle St, Brisbane QLD 4000 GPO Box 754, Brisbane Qld 4001 Tel: +61 7 3054 4500 Fax: +61 7 3054 4599