PPK GROUP LIMITED — Director's Dealing 2014

Mar 20, 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	14 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.	Corso Investments Pty Ltd, in which Mr Molloy isthe sole director and sole member;thetheVIP 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 Trust
Date of change	Previous errors identified 18 March 2014

+ See chapter 19 for defined terms.

No. of securities held prior to change	Ordinary Shares (fully paid)	Number of
	H E Kennedy & G R Molloy as trustees	Shares250,000
	for S A Molloy
	H E Kennedy & G R Molloy as trustees	255,000
	for T M Molloy
	Wavet Fund No. 2 Pty Limited	12,100,000
	Quality Dispensers Super Fund Pty Ltd	120,000
	G Molloy & J Wowk & CRT Graham	150,000
	B Charman & G Molloy & F Toltz	150,000
	TOTAL SHARES	13,025,000
	Trusts (refer to Trust details at the	Number of
	end of this notice)	Units
	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- Quality Dispensers Super Fund P/L	20060
	SLOT Loan Trust
	- VIP Golf Australia Pty Ltd	500
	- Corso Investments Pty Ltd	100
	- Quality Dispensers Super Fund P/L	150
Class	Ordinary shares (fully paid)
	Units in Easy Living (Bundaberg) Trust
	Units in SLOT Loan Trust
Number acquired	Nil
Number disposed	No actual disposal -as a result of historically
	Willoughby Fundfing Unit Trustincorrectly treating Mr. Molloy as having control
	over Quality Dispensers Super Fund Pty Ltd it has
	now been determined that Mr. Molloy does not
	have a relevant interest in the following securities:
	Ordinary shares (fully paid)– 120,000
	Units in Easy Living (Bundaberg) Trust - 60
	Units in SLOT Loan Trust– 150,000

+ See chapter 19 for defined terms.

Value/Consideration	Not Applicable
Note: If consideration is non-cash, provide details andestimated valuation

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	12,100,000
	G Molloy & J Wowk & CRT Graham	150,000
	B Charman & G Molloy & F Toltz	150,000
	TOTAL SHARES	12,905,000
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	As a result of historically incorrectly treating Mr.Molloy as having control over Quality DispensersSuper Fund Pty Ltd it has now been determined thatMr. Molloy does not have a relevant interest in thefollowing securities:Ordinary shares (fully paid)– 120,000Units in Easy Living (Bundaberg) Trust - 60Units in SLOT Loan Trust– 150,000

+ See chapter 19 for defined terms.

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 changeNote: Details are only required for a contract inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide detailsand an estimated valuation
Interest 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%

21 March 2014

+ See chapter 19 for defined terms.