examples/tools/plugandpaint compile error when built as a shadow build

I can't copmpile the examples project given with QT SDK 1.1 RC....
when compiling it shows compile error in building tools/pulgandpaint

" mingw32-make[2]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins'
cd basictools\ && G:/QtSDK/mingw/bin/mingw32-make -f Makefile
mingw32-make[3]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/basictools'
G:/QtSDK/mingw/bin/mingw32-make -f Makefile.Release
mingw32-make[4]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/basictools'
mingw32-make[4]: Nothing to be done for `first'.
mingw32-make[4]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/basictools'
mingw32-make[3]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/basictools'
cd extrafilters\ && G:/QtSDK/mingw/bin/mingw32-make -f Makefile
mingw32-make[3]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/extrafilters'
G:/QtSDK/mingw/bin/mingw32-make -f Makefile.Release
mingw32-make[4]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/extrafilters'
mingw32-make[4]: Nothing to be done for `first'.
mingw32-make[4]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/extrafilters'
mingw32-make[3]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins/extrafilters'
mingw32-make[2]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaintplugins'
cd plugandpaint\ && G:/QtSDK/mingw/bin/mingw32-make -f Makefile
mingw32-make[2]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaint'
G:/QtSDK/mingw/bin/mingw32-make -f Makefile.Release
mingw32-make[3]: Entering directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaint'
g++ -enable-stdcall-fixup -Wl,-enable-auto-import -Wl,-enable-runtime-pseudo-reloc -Wl,-s -mthreads -Wl -Wl,-subsystem,windows -o release\plugandpaint.exe release/main.o release/mainwindow.o release/paintarea.o release/plugindialog.o release/moc_mainwindow.o release/moc_paintarea.o release/moc_plugindialog.o -L"g:\QtSDK\Desktop\Qt\4.7.3\mingw\lib" -lmingw32 -lqtmain -L/examples/tools/plugandpaint/plugins -lpnp_basictools -lQtGui4 -lQtCore4 -LC:\OpenSSL-Win32_full\lib
mingw32-make[3]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaint'
mingw32-make[2]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools/plugandpaint'
mingw32-make[1]: Leaving directory `G:/QtSDK/Examples/examples-build-desktop/tools'
mingw32-make: Leaving directory `G:/QtSDK/Examples/examples-build-desktop'
g:/qtsdk/mingw/bin/../lib/gcc/mingw32/4.4.0/../../../../mingw32/bin/ld.exe: cannot find -lpnp_basictools
collect2: ld returned 1 exit status
mingw32-make[3]: *** [release\plugandpaint.exe] Error 1
mingw32-make[2]: *** [release] Error 2
mingw32-make[1]: *** [sub-plugandpaint-make_default-ordered] Error 2
mingw32-make: *** [sub-tools-make_default] Error 2
The process "G:\QtSDK\mingw\bin\mingw32-make.exe" exited with code 2.
Error while building project examples (target: Desktop)
When executing build step 'Make'
"