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SPACETALK LTD Major Shareholding Notification 2011

Feb 7, 2011

65842_rns_2011-02-07_ebc0a0f4-7911-4c1e-b214-835004803416.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 8 February 2011

TOP 20 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 ORDINARY FULLY PAID SHARES As of 07 Feb 2011

Top Holders Snapshot - Ungrouped Composition : ORD

Rank Name Units % of Units
1. M/S PAULA FORTUNATOW <fortunatowFAMILY A/C></fortunatow 27,221,000 11.35
2. MARK EDWIN HURD <mark hurd<br="">INVESTMENT 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="" investment<br="">A/C> 6,160,000 2.57
6. PLATINUM BLACK AUSTRALIA PTY LTD <the2WHITE A/C></the 5,000,000 2.09
7. MR FRANCIS GEORGE HEPPINGSTONE + MRSDANIELLE GEORGETTE HEPPINGSTONE <fgHEPPINGSTONE P/L S/F A/C></fg 4,800,000 2.00
8. MR IAN JAMES CAMERON 4,500,000 1.88
9. MR MARK FORTUNATOW <the &="" a="" c="" j="" m=""> 4,470,124 1.86
10. MULTI VENDOR SUPPORT SERVICES PTY LTD 3,888,889 1.62
11. MR LEE ANDREW COUSINS + MRS ALISONELIZABETH COUSINS 3,500,000 1.46
12. MR JEFFREY HOWARD LATIMER + MRS JUDITHANN LATIMER 3,500,000 1.46
13. MRS PAULA FORTUNATOW <fortunatowFAMILY A/C></fortunatow 3,400,000 1.42
14. HV ROSS PTY LTD 3,000,000 1.25
15. MR MARK EWEN WATERMAN + MRS JEANETTESUZANNE WATERMAN <smew fund<br="" super="">A/C> 3,000,000 1.25
16. MR JOHN PAECH 2,843,379 1.19
17. MR STEVE MARK LIEBICH + MRS NICOLE KAYELIEBICH 2,700,000 1.13
18. RONATACPTY LTD <master carpets="" hldng<br="">S/F A/C> 2,700,000 1.13
19. MR VICTOR ALBERT KEIGHLEY + MRS WANITAANN KEIGHLEY 2,650,000 1.11
20. MR GEOFFREY PETER BALLARD <ballsupFUND A/C></ballsup 2,500,000 1.04
Totals: Top 20 holders of ORDINARY FULLY PAID111,277,892 46.41
SHARES Total Remaining Holders Balance128,488,876 53.59