SPACETALK LTD — Major Shareholding Notification 2005

Sep 18, 2005

AUSTRALIAN EXECUTOR TRUSTEES LIMITED Custodian:

Responsible Entity: PCI EQUITY PTY LIMITED

FACSIMILE MESSAGE

TO: FAX NUMBER: FROM: FAX NUMBER: DATE: No. of Pages:

Companies Section of ASX 1900 999 279 NICK BARBATO $(08) 84104980$ PHONE NUMBER: (08) 84109933 19 September 2005 $\overline{\mathbf{3}}$

Please find attached Notice of change of interests of substantial holder from PCI Equities Trust in accordance with Sub Section 617B of the Corporations Act.

Yours sincerely

Nick Barbato Managing Director

604 page 1/2 15 July 2001

Form 604

Corporations Act 2001 Section 671B

Notice of change of interests of substantial holder

To Company Name/Scheme	MGM WIRELESS(mw k )
ACN/ARSN
1. Details of substantial holder(1)
NameACN/ARSN (if applicable)	AUSTRALIAN EXECUTOR MUSTEES LID-PCI FOULTIES TRUST
There was a change in the interests of thesubstantial holder on	19,9,05
The previous notice was given to the company onThe previous notice was dated	19, 8, 05

2. Previous and present voting power

The total number of votes attached to all the voting shares in the company or voting interests in the scheme that the substantial holder or an associate (2) had a relevant interest (3) $\left|$ in when last required, and whe

Class of securities (4)	Previous notice	Present notice
$\overline{\phantom{a}}$	Person's votes 'Voting power (5) 4,300,609 $\overline{2}$	Person's votesVating power (5)15,200,pod9.70

3. Changes in relevant interests

Particulars of each change in, or change in the nature of, a relevant interest of the substantial holder or an associate in voting securities of the company or scheme, since thesubstantial holder was last required to give

Date ofchange	Person whoserelevant interestchanged	Nature cfchange $(6)$	Considerationgiven in relationto change $(7)$	Class andnumber ofsecuritiesaffected	Person's votesaffected

4. Present relevant interests

Particulars of each relevant interest of the substantial holder in voting securities after the change are as follows:

Holder ofelevantnterest	Registeredhalder ofsecurities	Person enritledto be registeredas holder (3)	Nature ofrelevantinterest (6)	Class andnumber ofsecurities	Person's votes

5. Changes in association

The persons who have become associates (2) of, ceased to be associates of, or have changed the nature of their association (9) with, the substantial holder in relation to voting

Name and ACN/ARSN (if applicable)	Nature of association

6. Addresses

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

Name	Address
	PG FOULTIES TRUST GPO BOX 2046 ADELAIDE SA500

Signature

print name	NICKE BALBARO	capacity	MAGAGING DIRECTOR
sign here		date $(9.97)$
	DIRECTIONS

If there are a number of substantial holders with similar or related relevant interests (eg. a corporation and its related corporations, or the manager and trustee of an $(1)$ equity trust), the names could be included in an annexure to the form. If the relevant interests of a group of persons are essentially similar, they may be referred to throughout the form as a specifically named group if the membership of each group, with the names and addresses of members is clearly set out in paragraph 6 of the

• See the definition of "associate" in section 9 of the Corporations Act 2001. $(2)$
• See the definition of "relevant interest" in sections 608 and 671B(7) of the Corporations Act 2001. $(3)$
• The voting shares of a company constitute one class unless divided into separate classes. $\left( 4\right)$
• $(5)$ The person's votes divided by the total votes in the body corporate or scheme multiplied by 100.
• $[6] % \includegraphics[width=0.9\columnwidth]{figures/fig_0_2.pdf} \caption{A graph of the top of the top of the top of the right. The left is the number of the top of the right.} \label{fig:time} %$ Include details of:
  • any relevant agreement or other circumstances because of which the change in relevant interest occurred. If subsection 6718(4) applies, a copy of any (a) any issues relating out the terms of any relevant agreement, and a statement by the person giving full and accurate details of any contract, scheme or arrangement, must accompany this form, together with a written statemen
  • any qualification of the power of a person to exercise, control the exercise of, or influence the exercise of, the voting powers or disposal of the securitias to (b) which the relevant interest relates (indicating clearly the particular securities to which the qualification applies).

See the definition of "relevant agreement" in section 9 of the Corporations Act 2001.

• Details of the consideration must include any and all benefits, morey and other, that any person from whom a relevant interest was acquired has, or may, become $\overline{(\prime)}$ entitled to receive in relation to that acquisition. Details must be included even if the benefit is conditional on the happening or not of a contingency. Details must be included of any benefit paid on behalf of the substantial holder or its associate in relation to the acquisitions, even if they are not paid directly to the person from whom
• If the substantial holder is unable to determine the identity of the person (eg. if the relevant interest arises because of an option) write 'unknown". $(0)$
• Give details, if appropriate, of the present association and any change in that association since the last substantial holding notice, $\left( 9\right)$