5G NETWORKS LIMITED. — Director's Dealing 2012

Apr 16, 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	MELBOURNE IT LIMITED
ABN	21 073 716 793

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	Robert James Stewart
Date of last notice	5 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	Indirect
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	13 April 2012
No. of securities held prior to change	Direct24,976Indirect628,768
Class	Ordinary shares
Number acquired	Direct0Indirect15,367
Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$1.6989 per share
No. of securities held after change	Direct24,976Indirect644,135
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Shares issued pursuant to dividend reinvestmentplan.

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

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.

Detail of contract	Detail of contract	Detail of contract	N/A	N/A	N/A	N/A
Nature of interest			N/A
	Name of registered holder		N/A
	(if issued securities)
	Date of change		N/A
	No. and class of securities t	o which	N/A
	interest related prior to changNote: Details are only required for a contract i	en relation to
	which the interest has changed
	Interest acquired		N/A
	Interest disposed		N/A
	Value/ConsiderationNote: If consideration is non-cash, provide detestimated valuation	ails and an	N/A
Interest after change	Interest after change		N/A

Part 3 –[+] Closed period

Part 3 –+Closed period
Were the interests in the securities or contracts detailedabove traded during a+closed period where prior writtenclearance was required?	No.
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011