PPK GROUP LIMITED — Director's Dealing 2008

Oct 7, 2008

ABN: 65 003 964 181

25-27 WARATAH STREET KIRRAWEE NSW 2232

PO BOX 3006, KIRRAWEE DELIVERY CENTRE NSW 2232

TEL: 61 (2) 9521 8444 a FAX: 61 (2) 9521 4561

8 October 2008

Company Announcements Office Australian Securities Exchange Limited

For release to the market

Change in Director's Interests and Repayment of Director's Loan

PPK Group Limited (PPK) refers to the attached Appendix 3Y.

PPK advises that the net sale proceeds will be utilised by Mr Hoff to repay in full a loan of $430,000 (plus accrued interest) from PPK to Mr Hoff.

The $430,000.00 was lent by PPK to Mr Hoff in August 2002, after obtaining shareholder approval.

The loan funds were used by Mr Hoff to exercise options to acquire 700,000 shares in PPK, which shares are the subject of the sale disclosed in the attached Appendix 3Y.

Yours faithfully

COLIN RYAN Chairman

Contact regarding announcement: Mr David Hoff, Managing Director on (02) 9521 8444.

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	PPK Group Limited
ABN	65 003 764 181

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	David Alfred Hoff
Date of last notice	1 October 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

Note: In the case of a company, interests which come within paragraph (i) of the definition of "notifiable interest of a director" should be disclosed in this part.

Direct or indirect interest	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.
Date of change	7 October 2008
No. of securities held prior to change	856,960 shares
Class	Ordinary
Number acquired
Number disposed	700,000
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$434,000
No. of securities held after change	156,960
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Participation in on-market share buy back.

+ See chapter 19 for defined terms.

Rule 3.19A.2

Part 2 - Change of director's interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of "notifiable interest of a director" should be disclosed in this part.

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 towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	N/A
Interest after change	N/A

+ See chapter 19 for defined terms.