SPACETALK LTD — Major Shareholding Notification 2004

Mar 2, 2004

FORM 605

Corporations Act 2001 Section 671B

Notice of ceasing to be a substantial holder

To:	MGM Wireless Limited
ACN:	091 351 530

Details of substantial holder $\ddagger$ .

Name:ACN:	Golden State Resources Limited063 074 635
The holder ceased to be aSubstantial holder on:	26/02/2004
The previous notice was givento the company on:	13/07/2001
The previous noticewas dated:	13/07/2001

2. Changes in relevant interests

Particulars of each change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since the substantial holder was last required to give a substantial holding notice to the company or scheme are as follows:

Date ofchange	Person whose relevant interestchanged	Nature of change	Consideration given inrelation to change	Class and number ofsecurities affected	Person's votesaffected
26/02/04	Golden State Resources Ltd	On-market sale	$87.209	5801694 ordinary	5801694
26/02/04	Technology ResourcesCompany Ltd	On-market sale	$87.150	5810000 ordinary	5810000

$3.$ Changes in association

The persons who have become associates of, ceased to be associated of, or have changed the nature of their association with, the substantial holder in relation to voting interests in the company or scheme are as follows:

Name and A.C.N.	Nature of association
I N/A

$\overline{4}$ . Addresses

The addresses of persons named in this form are as follows:

Name	Address
Golden State Resources Ltd	Level 9, 190 St George's Terrace, Perth, WA
Technology Resources Company Ltd	Level 9, 190 St George's Terrace, Perth, WA

Signature

Print name: Neville John Bassett

Capacity: Director

Sign here: Neville J Bassett

Date: 3/03/2004