SPACETALK LTD — Director's Dealing 2012

Dec 19, 2012

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: MGMWirelessLimited
ABN: 93091351530

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	MarkFortunatow
Date of last notice	31March2011

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(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	(a)MarkFortunatowATFTheAMJMTrust–trusteeandbeneficiary	&
	(b)PaulaFortunatowATFFortunatowFamilyTrust–beneficiary
	(c)MarkFortunatowATFTheIBankTrust–trusteeandbeneficiary
	(d)-(e)MarkFortunatow&PaulaFortunatowATFFortunatowFamilySuperannuationAccount–trusteeandbeneficiary
	(f)PaulaFortunatowATFFortunatowFamilyTrust-beneficiary
Date of change	13December2012
No. of securities held prior to change	(a)149,005(b)1,009,804(c)51,731(d)145,660(e)166,667

+ See chapter 19 for defined terms.

Class	(a)–(d)Ordinaryshares(e)Optionsexercisableat60cents,expiring30April2013
Number acquired	(f)200,000optionsexercisableat70cents,expiring30April2016
Number disposed	Nil
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	NilConsideration
No. of securities held after change	(a)149,005(b)1,009,804(c)51,731(d)145,660(e)166,667(f)200,000
NatureofchangeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Issueofoptionspursuanttoshareholderapprovalat2012AGM

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.

Detailofcontract	N/A
Natureofinterest
Nameofregisteredholder
(ifissuedsecurities)
Dateofchange
No.andclassofsecuritiestowhich
interestrelatedpriortochangeNote: Details are only required for a contract inrelation to which the interest has changed
Interestacquired
Interestdisposed
Value/ConsiderationNote: If consideration is non-cash, provide detailsand an estimated valuation

+ See chapter 19 for defined terms.

Interestafterchange

Part 3 – +Closed period

Weretheinterestsinthesecuritiesorcontractsdetailed	No
+closedabovetradedduringaperiodwherepriorwrittenclearancewasrequired?
Ifso,waspriorwrittenclearanceprovidedtoallowthetradetoproceedduringthisperiod?	N/A
Ifpriorwrittenclearancewasprovided,onwhatdatewasthisprovided?	N/A

+ See chapter 19 for defined terms.