PPK GROUP LIMITED — Director's Dealing 2014

May 4, 2014

ASX ANNOUNCEMENT 5 May 2014

APPENDIX 3Y – GRAEME WEBB

Please find attached the Company's Appendix 3Y dated 5 May 2014 for Mr. Graeme Webb.

This Appendix 3Y relates to the following shares purchased by Equipment Company of Australia Pty Ltd which is an entity associated with Mr. Webb:

• a) 60,000 shares acquired on 11 April 2014 by way of participation in the Company's recent Share Purchase Plan; and
• b) 1,033,368 shares allotted pursuant to shareholder approval at the Company's General Meeting held on 28 April 2014.

The Company notes that lodgement of this Appendix 3Y is late in respect of the 60,000 shares recently acquired by Mr. Webb's indirect participation in the Share Purchase Plan. Regrettably due to overseas travel commitments Mr. Webb overlooked notifying the Company of this particular acquisition of shares.

Mr. Webb has confirmed to the Company that he is aware of his obligation to inform the Company on every occasion that he or entities associated with him deal in the Company's securities. Mr. Webb has a specific agreement with the Company in this regard and Mr. Webb is also aware of the Company's policies and procedures which require him to notify the Company so that the Company can meet its reporting obligations to the market.

For further information: Andrew J. Cooke Company Secretary acooke@ppkgroup.com.au

PPK GROUP LIMITED ABN: 65 003 964 181

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 30/09/01 Amended 01/01/11

	Name of entity PPK GROUPLIMITED
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	GRAEME D. WEBB
Date of last notice	29 October 2013

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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	RegisteredHolderofOrdinaryShares:Equipment Company of Australia Pty Ltd ofwhich Graeme Webb is a Director and aShareholder.
Date of change	a) 11 April 2014
	b) 28 April 2014
No. of securities held prior to change	8,366,632 Ordinary Shares (Indirect)
Trusts -registered holder(s)(Refer Trust details at end of this Notice)Willoughby Funding Unit Trust	Number of UnitsNature of Interest(all indirect)
-GRG Finance Pty Ltd	20Director
-Phillip Street Properties Pty Limited	20Director
Nerang Street Southport Project Trust
-GRG Finance Pty Ltd	231Director
Easy Living Unit Trust
-GRG Finance Pty Ltd	40Director
Easy Living (Bundaberg) Trust
-Stadurn Pty Ltd	60Director

+ See chapter 19 for defined terms.

Class	Ordinary Shares
Number acquired	a) 60,000
	b) 1,033,368
Number disposed	Nil
Value/Consideration	a)75.00 cents per share
Note: If consideration is non-cash, provide details and estimatedvaluation	b)75.00 cents per share
No. of securities held after to change	9,460,000 Ordinary Shares (Indirect)
Trusts -registered holder(s):	Number of Units	Nature of Interest
(Refer Trust details at end of this Notice)		(all indirect)
Willoughby Funding Unit Trust
-GRG Finance Pty Ltd	20	Director
-Phillip Street Properties Pty Limited	20	Director
Nerang Street Southport Project Trust
-GRG Finance Pty Ltd	231	Director
Easy Living Unit Trust
-GRG Finance Pty Ltd	40	Director
Easy Living (Bundaberg) Trust
-Stadurn Pty Ltd	60	Director
Nature of changeExample: on-market trade, off-market trade, exercise of options,	a)	Participation in Share Purchase Plan
issue of securities under dividend reinvestment plan, participation inbuy-back		b) Shareholder approval at General Meeting
		of Shareholders held on 28 April 2014 –
		Allotment of Tranche 2 Placement Shares

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	-
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 in
relation to which the interest has changed
Interest acquired	-
Interest disposed	-
Value/Consideration	-
Note: If consideration is non-cash, provide details
and an estimated valuation

+ See chapter 19 for defined terms.

Interest after change	-

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	No
above traded during a +closed periodwhere prior writtenclearance was required?
If so, was prior written clearance provided to allow the tradeto proceed during this period?	-
If prior written clearance was provided, on what date was thisprovided?	-

Trust Details:

Trust	Trustee	Purpose/Investment	PPK GroupInterest
WilloughbyFunding UnitTrust	PPKWilloughbyHoldingsPtyLtd(ACN 140 092 020)	Funding of acquisition, stagedsubdivision,constructionandsale of 76 residential dwellingsatWilloughby,NewSouthWales.	22.86%
Nerang StreetSouthport ProjectTrust	PPK Southport PtyLtd(ACN 126 504 292)	Acquisition and development ofcommercialpropertyinSouthport, Queensland.	25%
Easy Living UnitTrust	PPK Easy Living PtyLtd(ACN 143668419)	AcquisitionoftheWayfordHouseRetirementVillageinElizabeth Vale, South Australiato undertake Strata titling andresale.	50%
Easy Living(Bundaberg) Trust	PPK Easy Living PtyLtd(ACN 143668419)	Acquisition of the Avenell HouseRetirementVillageinBundaberg,QueenslandtoundertakeStratatitlingandresale.	50%

This notice is dated 5 May 2014

+ See chapter 19 for defined terms.