Executive Chairman - IAN BARRY CLARKSON

Director Since February 2000

Mr. Clarkson joined the Board of Directors in February 2000 and was appointed Chairman in October 2001. Mr. Clarkson was appointed Executive Chairman on 11 May 2006 and also acted as CEO for the period July 2006 to February 2007 when Mr. M So as CEO.

Mr Clarkson is a Fellow of the Institute of Chartered Accountants in Australia. As a partner in an international firm of Chartered Accountants for over ten years, his professional experience covers the fields of audit, management and cost accounting, tax as well as budgeting and cash flow preparation. In 1985, he retired from accounting to become a part owner and working director of what was to become a successful international trading company.

Mr Clarkson has an entitlement to 19,632,543 ordinary fully paid shares in the issued capital of m2m Corporation Limited.

Independent Director - DAVID STEPHEN GLAVONJIC

Director Since November 2006

Mr Glavonjic, has executive experience in the IT and communications sector which spans a period of more than twenty-five years, the majority of them as Chief Executive or in positions of equivalent responsibility. He has a track record of demonstrable achievement as a professional manager creating shareholder value, bringing new technologies to market and conceiving, creating and managing profitable commercial businesses. He initially qualified as an accountant before embarking on a professional management career during which he has held a variety of management positions within the IT and communications sector.

His early professional experience was gained with the CSIRO (Commonwealth Scientific and Industrial Research Organization) where his interest in both innovation and technology was first stimulated. Subsequently, both with the CSIRO and in other organizations, he acquired extensive hands-on experience in conceiving and establishing innovative ventures and managing them to profitable growth, including:

• the establishment of CSIRONET, one of the first privatisations, as a profitable joint venture between government and industry;

• the establishment of Vantage Solutions Australia as one of the first significant Australian business specialising in value-added network services;

• the creation of PAXUS ComNet Pty, a value-added data network, which exceeded both revenue and profit targets in its first year of operation;

• the conception and establishment of AT&T Easylink Services Australia, an e-commerce joint venture between Continuum, Qantek and AT&T;

• the negotiation and establishment of AOLA, a joint venture between AAPT and AOL, at the time one of the world's largest content and Internet services company; and

• The establishment of Connect Internet Solutions as a leading provider of business solutions using Internet technologies and a culture of customer service.

In 2004 Mr Glavonjic established D & K Ventures Pty Ltd as a business consultancy entity of which he is the Principal and Managing Director, which is focussed on innovation, communications and business reconstruction.

Mr Glavonjic has advised that 2,375,978 ordinary fully paid shares in the issued capital of m2m Corporation Limited are held by his wife.

Non-Executive Director - TIMOTHY OWEN LEBBON

Director Since April 2004

Mr Lebbon, a long term shareholder of the Company, joined the Board of Directors in April 2005 as a Non-Executive Director

Mr Lebbon has over 24-years experience in consulting and corporate advisory work and over ten years experience in accounting and auditing with specialist skills and experience in financial analysis, valuation, negotiations and investments.

Mr Lebbon is a Certified Valuation Consultant; a Fellow of the Securities Institute of Australia; a Fellow of the Institute of Chartered Accountants in England and Wales; a Fellow Certified Practicing Accountant and a Fellow of the Australian Institute of Directors.

Mr Lebbon is also the Executive Director of Leadenhall Australia Limited which is the holder of Australian Financial Services Licence no. 228819.

Mr Lebbon is a substantial shareholder of m2m Corporation Limited with an entitlement to 252,434,799 fully paid shares (as at 30 September 2008).

EXECUTIVE MANAGEMENT

Acting Chief Executive Officer/Chief Financial Officer

Peter John SAUNDERS

Peter is a member of the Institute of Chartered Accountants in Australia, has experience in the Telecommunications industry working for Telecom Corporation of New Zealand Ltd for a number of years as the Investment Manager supporting their international business development activities and Commercial Manager for the launch and development of their Internet businesses. He also has experience in the software industry as CFO for Solution 6 Holdings Ltd and in developing and financing early stage ICT and other technology businesses and extensive experience with Big 4 accounting firms in merger and acquisition, valuation and turnaround management.

His qualifications include a Masters of Science and Technology Commercialisation, Bachelor of Law, Bachelor of Commerce and recent studies in Intellectual Property Law.

Peter has considerable experience in the implementation of strategic plans, transaction analysis, execution, and due diligence, negotiation of major contracts, designing financial and management information systems for various types of organizations and compliance for public companies. He has previously held Chief Executive Officer roles in early stage development and trading entities and in senior commercial management of operating business units.

Directorships of other listed companies

The Company's Directors do not hold directorships of any other listed companies and have not held such directorships during the past three year period.