SPACETALK LTD — Director's Dealing 2010

Dec 8, 2010

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

Announcement – Directors Interests - Correction

December 9, 2010

Please find attached amended Appendix 3 Y for directors M Hurd and S Collopy.

The Appendix 3Y for Director Mark Hurd lodged December 8 2010 is amended due to an incorrect carry-forward of the closing balance from the Appendix 3Y lodged July 8, 2008, through subsequent lodgements. The opening balance has now been amended by 100,000 shares to correct this.

The Appendix 3Y for Director Shaun Collopy lodged December 8 2010 so as to correct an arithmetic error in calculating the closing balance on the Appendix 3Y lodged December 4, 2009. This difference has been carried through the subsequent lodgement. The opening balance has now been amended by 900,000 shares to correct this.

Chris Peirce Company Secretary

About MGM Wireless Ltd and Messageyou, LLC

MGM Wireless Ltd is a public company with a market capitalisation of A$ 1.9 m 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) Mark Fortunatow CEO Mobile: +61 421 328 984 Phone: +61 8 8431 2300 Email: mfortunatow@mgmwireless.com Web: www.mgmwireless.com

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 30/9/2001.

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.

	Mark Hurd
Name of Director
Date of last notice	2 December 2010

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	Mark Edwin Hurd ATF Mark Hurd Investment
(including registered holder)	Fund
Note: Provide details of the circumstances giving rise to the relevantinterest.
	Trustee and beneficiary
Date of change	2 December 2010
No. of securities held prior to change	15,142,500 ordinary shares
	2,500,000 options (31/01/2011; 22 cents)
	3,500,000 options (30/04/2013; 2 cents)
Class	Ordinary shares
Number acquired	1,000,000
Number disposed	$8,500
Value/Consideration	$ value
Note: If consideration is non-cash, provide details and estimated valuation
No. of securities held after change	16,142,500 ordinary shares
	2,500,000 options (31/01/2011; 22 cents)
	3,500,000 options (30/04/2013; 2 cents)

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Share issue as per SPP

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
Nature of interest
Name of registered holder(if issued securities)
Date of change
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
Interest acquired
Interest disposed
Value/ConsiderationNote: If consideration is non-cash, provide details and anestimated valuation
Interest after change

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 30/9/2001.

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.

	Shaun Collopy
Name of Director
Date of last notice	2December 2010

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.
Date of change	2 December 2010
No. of securities held prior to change	1,555,555 ordinary shares2,000,000 options (15/04/2012; 2 cents)
	1,000,000 options (30/04/2013; 2 cents)
Class	Ordinary Shares
Number acquired	100,000
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimated valuation	$850 value
No. of securities held after change	1,655,555 ordinary shares2,000,000 options (15/04/2012; 2 cents)1,000,000 options (30/04/2013; 2 cents)

Nature of changeExample: on-market trade, off-market trade, exercise of options, issue ofsecurities under dividend reinvestment plan, participation in buy-back	Share issue as per SPP

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
Nature of interest
Name of registered holder
(if issued securities)
Date of change
No. and class of securities to which
interest related prior to change
Note: Details are only required for a contract in
relation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide details and anestimated valuation
Interest after change