PRO-PAC PACKAGING LIMITED — Director's Dealing 2012

Apr 11, 2012

Appendix 3Y Change of Director’s Interest Notice

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	PRO-PAC PACKAGING LIMITED
ABN	36 112 971 874

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	Brandon Penn
Date of last notice	4 April 2012

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	1.Direct2.Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	Related party: Wendy PennRelated party: The Carltasha DiscretionaryTrust
Date of change	11 April 2012
No. of securities held prior to change	1. 21,920,0152. 268,827
Class	Ordinary
Number acquired	2. 2,250,000
Number disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	2. $1,012,500
No. of securities held after change	1. 21,920,0152.2,518,827

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

legal/40141631_1

Appendix 3Y Change of Director’s Interest Notice

Nature of change

Example: on-market trade, off-market trade, exercise of options, issue of Shares issued in terms of a share placement securities under dividend reinvestment plan, participation in buy-back as approved at a Shareholders’ meeting held on 30 March 2012.

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.

==> picture [434 x 315] intentionally omitted <==

----- Start of picture text ----- Detail of contractNature of interestName of registered holder(if issued securities)Date of changeNo. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract in relationto which the interest has changedInterest acquiredInterest disposedValue/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuationInterest after change----- End of picture text -----

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed No above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the trade to proceed during this period? If prior written clearance was provided, on what date was this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011