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.

Name of Director	Simon Jones
Date of last notice	5 May 2017

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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.	N/A
Date of change	25 May 2017
No. of securities held prior to change	67,136
Class	Ordinary shares
Number acquired	7,304
Number disposed	0
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$2.10 per share
No. of securities held after change	74,440
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue of securitiesunder dividend reinvestment plan, participation in buy-back	Participation in Retail Entitlement Offer - 1 for 7accelerated non-renounceable entitlement offer

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 1

Appendix 3Y Change of Director’s Interest Notice

	Direct or indirect interest	Direct or indirect interest	Direct or indirect interest	Indirect	Indirect	Indirect	Indirect	Indirect
	Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevant interest.			Beneficial interest in the registered holding of:TOBALEX PTY LTD <Simon Jones Fam SuperA/C>
	Date of change			25 May 2017
	No. of securities held prior to change			92,547
	Class			Ordinary shares
	Number acquired			13,221
	Number dispo	sed		0
	Value/ConsideNote: If consideration i	rations non-cash provide details and estimated valu	tion	$2.10	per share
		,
	No. of securiti	es held after change		1057	68
				,
	Nature of chaExample: on-market tr
		ngeade, off-market trade, exercise of options, issue	of securities	Particaccel	ipation in Rerated non-r	etail Entitlemenenounceable en	t Offer - 1 for 7titlement offer
under dividend reinve	under dividend reinve	tment plan, participation in buy-back

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	N/A	N/A	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 in relation to whichtheinteresthas changed		N/A
	Interest acquired		N/A
	I i		N/A
	nterest dsposed		/
	Value/ConsiderationNote: If consideration is non-cash, proestimated valuation	vide details and an	N/A
	Interest after change		N/A
+ See chapter 19 for defined te
		rms.

• See chapter 19 for defined terms.

Appendix 3Y Page 2

01/01/2011

Appendix 3Y Change of Director’s Interest Notice

Part 3 –[+] Closed period

Were the interests in the securities or contracts detailed above	Yes.
traded during a+closed period where prior written clearance
was required?
If so, was prior written clearance provided to allow the trade to	Yes.
proceed during this period?
If prior written clearance was provided, on what date was this	1 May 2017
provided?

• See chapter 19 for defined terms.

01/01/2011 Appendix 3Y Page 3