PPK GROUP LIMITED — Director's Dealing 2005

May 19, 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	UURY IVAN WOWK
Date of last notice	16 April 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 riseto the relevant interest.	Securities are held by Dealcity Ptytrustee of theWowkLtdas.Superannuation Fund in which JuryIvan Wowk has relevant voting powerand over which he exercises control.
Date of change	17 May 2005
No. of securities held prior to change	$67,302$ shares300,000 options
Class	Ordinary
Number acquired	$20,000$ shares
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand estimated valuation	$18,090.00
No. of securities held after change	87,302 shares300,000 options

+ See chapter 19 for defined terms.

Nature of change	On Market Trade
Example: on-market trade, off-market trade, exerciseof options, issue of securities under dividendreinvestment plan, participation in buy-back

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 whichinterest related prior to changeNote: Details are only required for acontract in relation to which the interesthas changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration isnon-cash,provide details andestimatedanvaluation	N/A
Interest after change	N/A

+ See chapter 19 for defined terms.