SPACETALK LTD — Director's Dealing 2007

Oct 11, 2007

12 October 2007

Companies Announcement Office ASX Limited 20 Bridge Street SYDNEY NSW 2000

Appendix 3Y's – Change of Director's Interest Notice

Please find attached two Appendix 3Y's to correct administrative oversights on the issue of securities to directors for no consideration and made pursuant to the approval of shareholders in general meeting.

The changes in securities are as disclosed in the audited Remuneration Report in the company's 2005 and 2006 Annual Reports.

Yours faithfully

N J Bassett Company Secretary

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 Fortunatow
Date of last notice	3 June 2005

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

Direct or indirect interest	Indirect
Nature of indirect interest(including registered holder)	(a)Mark Fortunatow ATF The AM & JMTrustTrustee and beneficiary
	(b)Paula Fortunatow ATF Fortunatow FamilyTrustBeneficiary
	(c)Mark Fortunatow ATF The I-Bank TrustTrustee and beneficiary
Date of change	21 December 200428 February 2006
No. of securities held prior to change	(a)9,870,124 ordinary shares(b) 25,661,000 ordinary shares(c)3,851,922 ordinary shares
Class	Ordinary sharesUnlisted options (31/12/2007; 3 cents)Unlisted options (31/01/2010; 7 cents)Unlisted options (31/01/2010; 9 cents)
Number acquired	(a)Nil(b)2,360,000 ordinary shares2,500,000 options (31/12/2007; 3 cents)1,500,000 options (31/01/2010; 7 cents)1,500,000 options (31/01/2010; 9 cents)(c)Nil

Number disposed	(a) Nil(b) Nil(c) Nil
Value/Consideration	Nil – Issued as remuneration
No. of securities held after change	(a)9,870,124 ordinary shares(b)28,021,000 ordinary shares2,500,000 options (31/12/2007; 3 cents)1,500,000 options (31/01/2010; 7 cents)1,500,000 options (31/01/2010; 9 cents)(c)3,851,922 ordinary shares
Nature of change	Issue of securities as remuneration for past andfuture services as approved by shareholders on21 December 2004 and 28 February 2006.

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

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	10 May 2004

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 InvestmentFundTrustee and beneficiary
Date of change	21 December 200428 February 2006
No. of securities held prior to change	10,582,500 ordinary shares
Class	Ordinary sharesUnlisted options (31/12/2007; 3 cents)Unlisted options (31/01/2010; 7 cents)Unlisted options (31/01/2010; 9 cents)
Number acquired	1,960,000 ordinary shares2,500,000 options (31/12/2007; 3 cents)1,500,000 options (31/01/2010; 7 cents)1,500,000 options (31/01/2010; 9 cents)
Number disposed	Nil
Value/Consideration	Nil – Issued as remuneration
No. of securities held after change	12,542,500 ordinary shares2,500,000 options (31/12/2007; 3 cents)1,500,000 options (31/01/2010; 7 cents)1,500,000 options (31/01/2010; 9 cents)

Nature of change	Issue of securities as remuneration for past and
	future services as approved by shareholders on
	21 December 2004 and 28 February 2006.

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