SPACETALK LTD — Director's Dealing 2009

Dec 3, 2009

Companies Announcement Office Australian Stock Exchange Limited 20 Bridge Street Sydney NSW 2000

Lodgement of Appendix 3Y Change of Directors Interest Notice

4 December 2009

Please find Appendix 3Y Change of Director's Interest Notice.

M Fortunatow Director

About MGM Wireless Ltd and Messageyou, LLC

MGM Wireless Ltd is a public company with a market capitalisation of approximately A$3.7m listed on the Australian Securities Exchange (ASX code: MWR). The company trades as Messageyou, LLC in the United States, with its head office in Silicon Valley at Sunnyvale, Cal.

The company's patented School Attendance Management solutions empower schools to effectively communicate to parents and caregivers using SMS text messaging in combination with culturally sensitive communication to improve attendance, student welfare and safety. MGM Wireless is recognized in Australia and internationally as pioneers and market leaders. MGM's professional services team delivers an integrated suite of software and communications using its own infrastructure. The solutions enable schools to reduce costs, increase productivity, discharge their duty of care, engage parent involvement, and ultimately improve student learning and social outcomes. Schools in Australia, New Zealand and America use Messageyou software in their day to day operations.

For further information contact:

MGM Wireless Ltd. - (ASX:MWR, MWRO)

Phone: +61 8 8431 2300 Email: mfortunatow@mgmwireless.com Web: www.mgmwireless.com

Appendix 3Y

Rule 3.19A.2

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 30/9/2001.

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	Shaun Collopy
Date of last notice	No previous notice

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 relevantinterest.
Date of change	4 December 2009
No. of securities held prior to change	555,555 Ordinary Shares
Class	Ordinary Shares & Unlisted Options
Number acquired	1,000,000 ordinary shares2,000,000 unlisted options
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$Nil

+ See chapter 19 for defined terms.

No. of securities held after change	(a)655,555 ordinary shares2,000,000 options (15/04/2012; 2 cents)
Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Allotment of sharesIssuing of options

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	Letter of Agreement
Nature of interest	Subject to shareholderapproval, the issue of ordinaryfully paid shares and the grant of unlisted options
Name of registered holder(if issued securities)	Not yet issued –Shaun Collopy or nominee
Date of change	4 December 2009
No. and class of securities towhich interest related prior tochangeNote: Details are only required for a contract in relationto which the interest has changed	1,000,000 ordinary fully paid shares2,000,000 unlisted options exercisable at 2 cents each onor before 15 April 2012
Interest acquired	Nil
Interest disposed	Shares and options under contract now issued
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation	Nil
Interest after change	Nil

+ See chapter 19 for defined terms.