SPACETALK LTD — Director's Dealing 2012

Aug 1, 2012

ASX:MWR ABN 93 091 351 530 The Parks, Suite 13 154 Fullarton RoadROSE PARK SA 5067 AUSTRALIA $(08)$ 8104 9555 Phone: Priorie.Facsimile: (08) 8431 2400 www.mamwireless.com

ASX Market Announcements ASX Limited 20 Bridge Street Sydney NSW 2000

Change of Director's Interest Notice

2 August 2012

MGM Wireless Limited (the "Company") submits for release to the market the attached Appendix 3Y in respect of the lapse of 66,667 options exercisable at $0,60. expiring 15 April 2012, held by Mr Shaun Collopy ("Appendix 3Y").

Due to an administrative oversight the Appendix 3Y was not lodged in accordance with the timeframe required by listing rule 3.19A.2.

The Company would like to take this opportunity to reaffirm that it has in place with its directors the necessary arrangements to ensure that the disclosure obligations under listing rule 3.19A are complied with. These arrangements include a requirement under the Company's Share Trading Policy ("Policy") that directors confirm in writing, relevant details of dealings in securities. The directors are aware of their obligations under the Policy and listing rule 3.19A.

Justin Nelson Company Secretary

About MGM Wireless Ltd

MGM Wireless' 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) Mark Fortunatow CEO

+61 8 8104 9508 Phone: Mobile: 0421 328 984 Email: mfortunatow@mgmwireless.com Web: www.mgmwireless.com

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: 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	9 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	Direct
Nature of indirect interest(including registered holder)Note: Provide details of the circumstances giving rise to the relevantinterest.	N/A
Date of change	15 April 2012
No. of securities held prior to change	(a) 55,185(b) 33,33466,667C)
Class	(a) Ordinary shares(b) Options exercisable at 60 cents,expiring 30 April 2013(c) Options exercisable at 60 cents,expiring 15 April 2012
Number acquired	Nil
Number disposed	(c) 66,667
Value/ConsiderationNote: If consideration is non-cash, provide details and estimatedvaluation	Nil - options expired

+ See chapter 19 for defined terms.

No. of securities held after change	(a) 55,185 ordinary shares(b) 33,334 options
Nature of changeExample: on-market trade, off-market trade, exercise of options,issue of securities under dividend reinvestment plan, participation inbuy-back	Expiry 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	N/A
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 inrelation to which the interest has changed
Interest acquired
Interest disposed
Value/Consideration
Note: If consideration is non-cash, provide detailsand an estimated valuation
Interest after change

Part 3 - +Closed period

Were the interests in the securities or contracts detailed Noabove traded during a + closed period where prior writtenclearance was required?
If so, was prior written clearance provided to allow the tradeto proceed during this period?	N/A
If prior written clearance was provided, on what date was thisprovided?	N/A

+ See chapter 19 for defined terms.