PPK GROUP LIMITED — Director's Dealing 2007

Jan 7, 2007

Appendix 3Y

Rule 3.19A.2

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 PPK GROUP LIMITED
IABN 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	18 December 2006

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 therelevant interest.	Securities disclosed in this notice wereacquired by Wavet Fund No 2 Pty Limited, acompany in which Mr Molloy is a directorand member and over which he exercisescontrol.The securities held and/or controlled by thedirector after this notice, and the nature of theindirect interest of these holdings,aredetailed in the attached schedule.
Date of change	4 January 2007
No. of securities held prior to change	8,435,000
Class	Ordinary
Number acquired	108,700 shares
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$83,522.00

+ See chapter 19 for defined terms.

No. of securities held after change	8,543,700
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestmentplan.participation in buy-back	On-market trade

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 which
interest related prior to change
Note: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
and an estimated valuation
Interest after change
Note: If consideration is non-cash, provide details

+ See chapter 19 for defined terms.

PPK Group Limited shares held/controlled byG R Molloy as at 8 January 2007	NumberO.Shares	Nature of Interest(all indirect)
Heather Ellen Kennedy & Glenn Robert Molloy	250,000	Trustee
as trustees for S.A.Molloy
Heather Ellen Kennedy & Glenn Robert Molloy	255,000	Trustee
as trustees for T.M. Molloy
Glenn Robert Molloy as trustee for S.Molloy	5,000	Trustee
Corso Investments Pty Limited	7,000,000	Director & Member
Wavet Fund No.2 Pty Limited	1,033,700	Director & Member
	8,543,700

$\overline{\text{+ See chapter 19 for defined terms.}}$