Half Yearly Report and Accounts - 31 December 2015

HALF YEARLY INFORMATION GIVEN TO THE ASX UNDER LISTING RULE 4.2A

PPK GROUP LIMITED ABN 65 003 964 181

HALF YEAR ENDED 31 DECEMBER 2015

Page Contents

1. Highlights of Results for Announcement to the Market

2. Directors' Report

3. Auditor's Independence Declaration

4. Half-year Report 31 December 2015

1. Directors' Declaration

2. Independent Auditor's Review Report

FY2015 FULLY FRANKED INTERIM DIVIDEND PER SHARE 1.50 cents

FY2016 FULLY FRANKED INTERIM DIVIDEND PER SHARE Nil cents

Your directors present their report on the consolidated entity consisting of PPK Group Limited and its controlled entities for the half year ended 31 December, 2015.

The names of directors in office at any time during or since the financial period are: Robin Levison

Jury Wowk (resigned 5 May 2017) Glenn Molloy

Raymond Beath (resigned 7 March 2017) Graeme Webb

Dale McNamara

PPK reported a net loss after tax attributable to owners of PPK of $4.994M of which $3.936M was attributable to the Mining Equipment division. Refer note 5 for significant events and transactions for the reporting period.

The Board of Directors has resolved not to pay a dividend for the half year ended 31 December 2015.

Significant changes in the state of affairs of the consolidated entity during the period are disclosed in note 5 in Half-year Report 31 December 2015.

A copy of the auditors' independence declaration as required under section 307C of the Corporations Act 2001 is set out on the following page.

The parent entity has applied the relief available to it in ASIC Class Order 98/100 and, accordingly, amounts in the financial statements and Directors' Report have been rounded to the nearest thousand dollars.

Signed in accordance with a resolution of the Board of Directors.

Executive Chairman

Dated this 23rd day of June 2017

AUDITOR'S INDEPENDENCE DECLARATION TO THE DIRECTORS OF PPK GROUP LIMITED

Level 18

King George Central 145 Ann Street

Brisbane QLD 4000 Correspondence to: GPO Box 1008

Brisbane QLD 4001

T + 61 7 3222 0200

F + 61 7 3222 0444

E info.qld@au.gt.com

W www.grantthornton.com.au

In accordance with the requirements of section 307C of the Corporations Act 2001, as lead auditor for the review of PPK Group Limited for the half-year ended 31 December 2015, I declare that, to the best of my knowledge and belief, there have been:

1. No contraventions of the auditor independence requirements of the Corporations Act 2001 in relation to the review; and

2. No contraventions of any applicable code of professional conduct in relation to the review.

GRANT THORNTON AUDIT PTY LTD

Chartered Accountants

Cameron Smith

Partner - Audit & Assurance Brisbane, 23 June 2017

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