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SPACETALK LTD Director's Dealing 2004

May 9, 2004

65842_rns_2004-05-09_4235ed3b-89bf-4aea-9be5-85e4d9a84b0b.pdf

Director's Dealing

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Appendix 3Y

Change of Director's Interest Notice

Name of entity	MGM Wireless Limited
ABN	93 091 351 530

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	Mark Edwin Hurd
Date of last notice	13 October 2003

Part 1 - Change of director's relevant interest in securities

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)	Mark Edwin Hurd ATF Mark Hurd InvestmentFund
	Trustee and beneficiary
Date of change	7 May 2004
No. of securities held prior to change	9,882,500
Class	Ordinary shares
Number acquired	700,000
Number disposed	Nil
Value/Consideration	$10,500
No. of securities held after change	10,582,500
Nature of change	On-market acquisition

Part 2 - Change of director's interests in contracts

Detail of contract
Nature of interest
Name of registered holder(if securities issued)
Date of change
No. and class of securities towhich interest related priorto change
Interest acquired
Interest disposed
Value/Consideration
Interest after change