PPK GROUP LIMITED — Share Issue/Capital Change 2008

Jun 12, 2008

25-27 WARATAH STREET KIRRAWEE NSW 2232 PO BOX 3006, KIRRAWEE DELIVERY CENTRE NSW 2232 TEL: 61 (2) 9521 8444 B FAX: 61 (2) 9521 4561

13 June 2008

Company Announcements Office Australian Securities Exchange Limited

For Release to the Market

Form 484 (Change to company details) Cancellation of Shares

Enclosed is a copy of Form 484 (Change to company details) relating to the cancellation of shares by PPK.

This form was lodged with ASIC earlier today.

Robert Nicholls Company Secretary

Contact regarding Announcement:

Mr David Hoff, Managing Director on (02) 9521-8444

Electronic Lodgement

Document No. 7E1655788

Lodgement date/time: 13-06-2008 14:19:38 Reference (d: 76828243)

Form 484 Corporations Act 2001

Change to company details

Company details

Company name PPK GROUP LIMITED Australian Company Number (ACN) 003 964 181

Lodgement details

Who should ASIC contact if there is a query about this form?

Name Robert John NICHOLLS

Signature

This form must be signed by a current officeholder of the company.

I certify that the information in this form is true and complete

Name Robert John NICHOLLS

Capacity Secretary

Signature/

Date signed

13-06-2008

C1 Cancellation of shares

Reason for cancellation

Shares cancellation details

Reason for cancellation

ss.257H(3) Share buyback - Other buy-back type. A form 280 or 281 must be lodged at least 14 days, and no more than 1 year before the share buy-back can take place

The cancelled shares are listed below:

Share class code	Number of sharescancelled	Amount paid (cashor otherwise)
ORD	200645	156503.10
Earliest Date of	16-05-2008

cancellation

C3 Change to share structure

The updated details for this changed share class are shown in the table below.

Share classcode	Full title if not standard Total number of	shares	Total amount paid on Total amount unpaidthese shares	on these shares
ORD	ORDINARY SHARES	59444676	32169036.02	0.00

Earliest date of 16-05-2008 change