5G NETWORKS LIMITED. — Director's Dealing 2016

May 2, 2016

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 (ASX:MLB)
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.

We (the entity) give ASX the followingthe director for the purposes of section	information under listing rule 3.19A.2 and as agent for205G of the Corporations Act.
Name of Director	Robert James Stewart
Date of last notice	6 March 2014

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 relevantinterest.	•Beneficial interest in RegisteredHolding of Mount Ida Holdings PtyLtd <Stewart Super Fund A/C>•Related party to Registered Holding ofMs Elizabeth Alexandra Stewart•Related party to Registered Holding ofMs Jessica Lorna Stewart
Date of change	29 April 2016
No. of securities held prior to change	785,808
Class	Ordinary Shares
Number acquired	15,168(Mount Ida Holdings Pty Ltd <StewartSuper Fund A/C>)
Number disposed	0

• See chapter 19 for defined terms.

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Appendix 3Y Change of Director’s Interest Notice

Value/Consideration
Note: If consideration is non-cash, provide details and estimatedvaluation	$2.00/share
No. of securities held after change	800,976
Nature of change
Example: on-market trade, off-market trade, exercise of options,
issue of securities under dividend reinvestment plan, participation inbuy-back	DRP allotment

Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	$2.00/share	$2.00/share
N	o. of securities held af	ter change		800,976
NEisb	ature of changexample: on-market trade, off	-market trade,	exercise of options,
	sue of securities under dividenuy-back	d reinvestment	plan, participation in	DRP allotment
			Direct
D	irect or indirect interes	t		Direct
N(Nin	ature of indirect intere	st
	including registered holote: Provide details of the circterest.	der)umstances givin	g rise to the relevant	N/A
D	ate of chane
	g			N/a
N	o. of securities held pr	ior to chang	e	24,976
C	lass			Ordinary Shares
N	umber acquired			0
N	umber disposed			0
VNv	alue/Considerationote: If consideration is non-	ash provide d	tails and estimated
	aluation	,		N/A
No. of securities held after change	o. of securities held af	ter change		24,976
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back				N/A

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 Nature of interest

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Name of registered holder (if issued securities) Date of change No. and class of securities to which interest related prior to change Note: Details are only required for a contract in relation to which the interest has changed Interest acquired Interest disposed Value/Consideration Note: If consideration is non-cash, provide details and an estimated valuation Interest after change

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above traded during a[+] closed period where prior written No 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.

01/01/2011 Appendix 3Y Page 3