5G NETWORKS LIMITED. — Director's Dealing 2017

May 25, 2017

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.

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	LARRY BLOCH
Date of last notice	21 March 2016

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	Mr Bloch holds a beneficial interest in the registered
(including registered holder)Note: Provide details of the circumstances givingrise to the relevant interest.	holdings of:•Corpsand Pty Ltd <ImpulsE A/C>; and
	•Pubdin PtyLtd
Date of change	25 May 2017
No. of securities held prior to change	9,458,363
Class	Ordinary Shares
Number acquired	35,715, acquired by Pubdin Pty Ltd
Number disposed	0
Value/Consideration	$2.10 per share
Note: If consideration is non-cash, provide details
and estimated valuation
No. of securities held after change	9,494,078

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

Nature of change Participation in Retail Entitlement Offer - Example: on-market trade, off-market trade, 1 for 7 accelerated non-renounceable entitlement offer exercise of options, issue of securities under dividend reinvestment plan, participation in buyback

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	N/A
Nature of interest	N/A
Name of registered holder(if issued securities)	N/A
Date of change	N/A
No. and class of securities to whichinterest related prior to changeNote: Details are only required for a contract inrelation to which the interest has changed	N/A
Interest acquired	N/A
Interest disposed	N/A
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation	N/A
Interest after change	N/A

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed Yes. above traded during a[+] closed period where prior written clearance was required? If so, was prior written clearance provided to allow the Yes. trade to proceed during this period? If prior written clearance was provided, on what date was 8 May 2017 this provided?

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011