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SPACETALK LTD Major Shareholding Notification 2011

Mar 14, 2011

65842_rns_2011-03-14_284667dc-459f-4eff-95e5-0df7ae3d5476.pdf

Major Shareholding Notification

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

ASX Release

MGM Wireless Ltd Tuesday March 15, 2011

Top20 ShareholdersUpdate

Please find attached an updated list of the Top 20 shareholders.

Chris Peirce Company Secretary

About MGM Wireless Ltd and Messageyou, LLC

MGM Wireless Ltd is a South Australian (Adelaide) based public company with a market capitalisation of A\$1.7 m listed on the Australian Securities Exchange (ASX code: MWR. The company trades as Messageyou, LLC in the United States, based in Silicon Valley, Sunnyvale, California.

MGM Wireless is recognized in Australia and internationally as a pioneer of socially responsible technology-enabled school communications with a proven capacity to design, develop and successfully commercialise innovative world class technology products in Australia and internationally.

The company's patented SMS School communication solutions empower schools to effectively communicate to parents and caregivers using SMS text messaging to improve student attendance, welfare, safety and parent engagement. Measurable benefits for schools include reduced operating costs, increased productivity and improved parent and community engagement which ultimately improve student learning and social outcomes.

Schools in Australia, New Zealand and the United States use Messageyou software in their day to day operations.

For further information contact: MGM Wireless Ltd. - (ASX:MWR) Mark Fortunatow, CEO Mobile: +61 421 328 984 Phone: +61 8 8431 2300 Email: [email protected] Web: www.mgmwireless.com

MGM WIRELESS LIMITED

Top Holders Snapshot - Ungrouped

Rank Name Units % of Units
1. M/S PAULA FORTUNATOW <fortunatow
FAMILY A/C></fortunatow
27,221,000 11.35
2. MARK EDWIN HURD <mark hurdINVESTMENT A/C> 9,982,500 4.16
3. HEGM INVESTMENTS PTY LTD 8,452,000 3.53
4. YAVERN CREEK HOLDINGS PTY LTD 7,010,000 2.92
5. MR MARK HURD <mark hurd="" investmentA/C> 6,160,000 2.57
6. MR IAN JAMES CAMERON 5,294,111 2.21
7. PLATINUM BLACK AUSTRALIA PTY LTD <the
2WHITE A/C></the
5,000,000 2.09
8. MR FRANC
IS GEORGE HEPPINGSTONE + MRS
DANIELLE GEORGETTE HEPPINGSTONE <fg
HEPPINGSTONE P/L S/F A/C></fg
4,800,000 2.00
9. MR MARK FORTUNATOW 4,470,124 1.86
10. MR LEE ANDREW COUSINS + MRS ALISON
ELIZABETH COUSINS
4,000,000 1.67
11. MR JEFFREY HOWARD LATIMER + MRS JUDITH
ANN LATIMER
3,500,000 1.46
12. MRS PAULA FORTUNATOW <fortunatow
FAMILY A/C></fortunatow
3,400,000 1.42
13. EVCORP AUSTRALIA PTY LTD 3,000,000 1.25
14. HV ROSS PTY LTD 3,000,000 1.25
15. MR MARK EWEN WATERMAN + MRS JEANETTE
SUZANNE WATERMAN <smew fundA/C>
3,000,000 1.25
16. MR JOHN PAECH 2,843,379 1.19
17. MR STEVE MARK LIEBICH + MRS NICOLE KAYE
LIEBICH
2,700,000 1.13
18. RONATAC
PTY LTD <master carpets="" hldngS/F A/C>
2,700,000 1.13
19. MR VICTOR ALBERT KEIGHLEY + MRS WANITA
ANN KEIGHLEY
2,650,000 1.11
20. MR GEOFFREY PETER BALLARD <ballsup
FUND A/C></ballsup
2,500,000 1.04
Totals: Top 20 holders of ORDINARY FULLY PAID
111,683,114
46.58
SHARES Total Remaining Holders Balance
128,083,654
53.42