PRO-PAC PACKAGING LIMITED — Board/Management Information 2010

Feb 28, 2010

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Pro-Pac Packaging Limited ACN 112 971 874

ASX ANNOUNCEMENT

1 MARCH 2010

BOARD AND MANAGEMENT CHANGES

Mr John Read, Chairman of Pro-Pac Packaging Limited (ASX: PPG) today announced his retirement from the Board. As Chairman of the Group over the last five years, John has steered the Group through a period of unprecedented growth culminating in the record results recently announced. The Board wishes to thank John for his exceptional contribution over the years and extends its best wishes to him for the future.

Mr David Herlihy will succeed John as Chairman of the Group with immediate effect.

David is an experienced director and business professional, whose Board and corporate advisory responsibilities have covered public, government, "not for profit" and private enterprise following a successful career in capital markets.

David has held a diverse range of directorships over the past three decades, including as a former Chairman of the State Transit Authority of NSW. David is presently Chairman of the ASX listed entity, Mosaic Oil NL and concurrently holds directorships on several other unlisted Boards including representation of international entities.

The Board is also pleased to announce the following role changes for the senior management team in line with the Group’s strategic growth plans and the Board’s desire to move away from a joint CEO management structure.

Brandon Penn will continue as the Chief Executive Officer and will assume overall responsibility for the Group while Hadrian Morrall reverts to the role of Managing Director of the Rigid Packaging division. Wendy Penn has been appointed Managing Director of the Industrial Packaging division.

The Board believes that the restructured management team places the Group on a sound footing for the implementation of its short and longer term strategic plans.

For and on behalf of the Board.

Mark Saus Company Secretary