PPK GROUP LIMITED — Director's Dealing 2014

May 4, 2014

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 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	21 March 2014

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:Providedetailsofcircumstancesgivingrisetorelevant interest.	thethe	Corso Investments Pty Ltd, in which Mr Molloy isthe sole director and sole member;VIP Golf Australia Pty Ltd, in which Mr Molloy isthe sole director;WavetFund No. 2 Pty Limited in which Mr.Molloy is the sole director and a member.Heather Ellen Kennedy & Glenn Robert Molloy astrustees for S A MolloyHeather Ellen Kennedy & Glenn Robert Molloy astrustees for T M MolloyGlenn Molloy & Jury Wowk & Charmion RachelToltz Graham as (non bare) joint trustees of TheCharmion Testamentary TrustGlenn Molloy & Brian Charman & Fiona Toltz as(nonbare)jointtrusteesofTheFionaTestamentary TrustMolloy Family Foundation Pty Ltd, in which Mr
		Molloy is the sole director.

+ See chapter 19 for defined terms.

Date of change	28 April 2014
No. of securities held prior to change	Ordinary Shares (fully paid)	Number ofShares
	H E Kennedy & G R Molloy as trusteesfor S A Molloy	250,000
	H E Kennedy & G R Molloy as trusteesfor T M Molloy	255,000
	Wavet Fund No. 2 Pty Limited	12,100,000
	G Molloy & J Wowk & CRT Graham	150,000
	B Charman & G Molloy & F Toltz	150,000
	TOTAL SHARES	12,905,000
	Trusts (refer to Trust details at theend of this notice)	Number ofUnits
	Willoughby Funding Unit Trust- Wavet Fund No. 2 Pty Limited	10
	Nerang St Southport Project Trust-Wavet Fund No. 2 Pty Limited	286
	Easy Living Unit Trust-Wavet Fund No. 2 Pty Limited	180
	Easy Living (Bundaberg) Trust- Wavet Fund No. 2 Pty Limited	200
	SLOT Loan Trust- VIP Golf Australia Pty Ltd- Corso Investments Pty Ltd	500100
Class	Ordinary shares (fully paid)
Number acquired	650,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details andestimated valuation	75.00 cents per shares

+ See chapter 19 for defined terms.

No. of securities held after change	Ordinary Shares (fully paid)	Number ofShares
	H E Kennedy & G R Molloy as trusteesfor S A Molloy	250,000
	H E Kennedy & G R Molloy as trusteesfor T M Molloy	255,000
	Wavet Fund No. 2 Pty Limited	12,700,000
	G Molloy & J Wowk & CRT Graham	150,000
	B Charman & G Molloy & F Toltz	150,000
	Molloy Family Foundation Pty Ltd	50,000
	TOTAL SHARES	13,555,000
No. of securities held after change (cont'd)	Trusts (refer to Trust details at theend of this notice)	Number ofUnits
	Willoughby Funding Unit Trust- Wavet Fund No. 2 Pty Limited	10
	Nerang St Southport Project Trust- Wavet Fund No. 2 Pty Limited	286
	Easy Living Unit Trust-Wavet Fund No. 2 Pty Limited	180
	Easy Living (Bundaberg) Trust- Wavet Fund No. 2 Pty Limited	200
	SLOT Loan Trust- VIP Golf Australia Pty Ltd- Corso Investments Pty Ltd	500100
Nature of changeExample: on-market trade, off-market trade, exercise ofoptions, issue of securities under dividend reinvestmentplan, participation in buy-back	Shareholder Approval at General Meeting held on 28April 2014. Resolution 6 –Shares.	Tranche 2 Placement

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

+ See chapter 19 for defined terms.

No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details
and an estimated valuationInterest after change

Part 3 – +Closed period

Were the interests in the securities or contracts detailed	Not Applicable
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 Group
			Interest
Willoughby FundingUnit Trust	PPKWilloughbyHoldingsPtyLtd(ACN 140 092 020)	Funding of acquisition, staged subdivision,construction and sale of 76 residentialdwellings at Willoughby, New South Wales.	22.86%
Nerang StreetSouthport ProjectTrust	PPKSouthportPtyLtd(ACN 126 504 292)	Acquisition and development of commercialproperty in Southport, Queensland.	25%
Easy Living UnitTrust	PPK Easy Living PtyLtd(ACN 143 668 419)	AcquisitionoftheWayfordHouseRetirement Village in Elizabeth Vale, SouthAustralia to undertake Strata titling andresale.	50%
Easy Living(Bundaberg) Trust	PPK Easy Living PtyLtd(ACN 143 668 419)	Acquisition of the Avenell House RetirementVillageinBundaberg,Queenslandtoundertake Strata titling and resale.	50%
SLOT Loan Trust	PPKFinancePtyLimited(ACN 158 717 232)	Lending to Supported Living on Tweed PtyLtd a retirement village operator pursuantto the terms of a secured commercial loanarrangement	51.43%

5 May 2014

+ See chapter 19 for defined terms.