PPK GROUP LIMITED — Director's Dealing 2005

Oct 25, 2005

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	GLENN ROBERT MOLLOY
Date of last notice	6 JANUARY 2005

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 riseto the relevant interest.Date of change	(1) Securities were disposed of byCorso Investments Pty Limited, acompany in which Mr Molloy is adirector and over which he exercisescontrol, and acquired by Mr Molloy &another in their joint capacity astrustees for the Samantha AshleighMolloy Trust.(2) Securities were disposed of bySamtyl Investments Pty Limited, acompany in which Mr Molloy is adirector and over which he exercisescontrol, and acquired by Mr Molloy &another in their joint capacity astrustees for the (a) Tyla Maree MolloyTrust and (b) Samantha AshleighMolloy Trust.21 October 2005
No. of securities held prior to change	7,572,893
Class	Ordinary

+ See chapter 19 for defined terms.

Number acquired
	236,582(1)
	$(2)$ (a) 250,000 (b) 13,418
Number disposed	$(1)$ 236,582
	$(2)$ (a) 250,000 (b) 13,418
Value/Consideration	$(1)$ $208,192
Note: If consideration is non-cash, provide detailsand estimated valuation	(2) (a) $$220,000$ (b) $$11,808$
No. of securities held after change	7,572,893
Nature of change	Off market trade
Example: on-market trade, off-market trade, exercise
of options, issue of securities under dividend
reinvestment plan, participation in buy-back

Part 2 - Change of director's interests in contracts

Detail of contract	N/A
Nature of interest
Name of registered holder(if issued securities)
Date of change
No. and class of securities to whichinterest related prior to changeNote: Details are only required for acontract in relation to which the interesthas changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration isnon-cash.estimatedprovide details andanvaluation
Interest after change

+ See chapter 19 for defined terms.