Suspension from Quotation

• PPG suspended from ASX quotation for not lodging relevant periodic report
• PPG's financial condition deemed inadequate to warrant continued quotation
• Suspension to continue until PPG complies with Listing Rules and ASX deems reinstatement appropriate

Pro-Pac Packaging Ltd (ASX: PPG) has been suspended from quotation on the Australian Securities Exchange (ASX) under Listing Rule 17.5 for not lodging the relevant periodic report by the due date. ASX has further determined that PPG's financial condition is not adequate to warrant the continued quotation of its securities, and therefore PPG does not comply with Listing Rule 12.2. Accordingly, PPG's securities will continue to be suspended from quotation under Listing Rule 17.3.1. The suspension will remain in place until ASX is satisfied that PPG is in compliance with the Listing Rules, including Listing Rule 12.2, and that it is otherwise appropriate for PPG's securities to be reinstated to quotation.