PPK GROUP LIMITED — Director's Dealing 2004

Apr 29, 2004

Rule 3.19A.2

Appendix 3Y

Change of Director's Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX's property and may be made public.

Introduced 30/9/2001.

Name of entity PLASPAK GROUP LIMITED
ABN 65 003 964 181

We (the entity) give ASX the following information under listing rule 3.19A.2 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	RAYMOND MICHAEL BEATH
Date of last notice	9 January 2004

Part 1 - Change of director's relevant interests in securities

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Direct or indirect interest	Indirect
Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest.	Holden & Bolster Services Pty Ltd Director/Member
Date of change	16 April 2004
No. of securities held prior to change	41,618
Class	Ordinary
Number acquired	1,203
Number disposed
Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation.	1,203 x DRP price of \$0.925 m \$1,112.78
No. of securities held after change	42,821
Nature of change Example: on-market trade, off-market trade, exercise of options, issue of securities under dividend reinvestment plan, participation in buy-back	Issue of securities under dividend reinvestment plan.

⁺ See chapter 19 for defined terms.

Part 2 - Change of director's interests in contracts

Detail of contract	N/A
Nature of interest	N/A
Name of registered holder (if issued securities)	N/A
Date of change	N/A
No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/Consideration Note: If consideration is non-cash. provide details and estimated an valuation	N/A
Interest after change	N/A

⁺ See chapter 19 for defined terms.