Block Listing Six Monthly Return
+------------------------+-----------------------------------------+
|Name of applicant: |March Networks Corporation |
+------------------------+-----------------------------------------+
|Name of scheme: |a) Option Plan |
| | |
| |b) Option Plan and QK investment warrants|
| |issued as per the announcement dated 9 |
| |Dec 2005 |
| | |
| |c) Common Shares relating to the |
| |outstanding warrants |
+-----------------+------+---------------+------+------------------+
|Period of return:|From: |9 Dec 2006 |To: |8 June 2006 |
+-----------------+------+---------------+------+------------------+
|Balance under |a) 1,500,000 Common Shares to be issued |
|scheme from |pursuant to the exercise of options under|
|previous return: |the Option Plan; |
| | |
| |b) 500,709 Common Shares already issued |
| |as described in the announcement dated 9 |
| |Dec 2005; and |
| | |
| |c) 967,673 Common Shares relating to the |
| |outstanding warrants. |
+------------------------+-----------------------------------------+
|The amount by which the |a) none; |
|block scheme has been | |
|increased, if the scheme|b) none; and |
|has been increased since| |
|the date of the last |c) none. |
|return: | |
+------------------------+-----------------------------------------+
|Number of securities |a) 144,738; |
|issued/allotted under | |
|scheme during period: |b) none; and |
| | |
| |c) none. |
+------------------------+-----------------------------------------+
|Balance under scheme not|a) 924,572; |
|yet issued/allotted at | |
|end of period |b) none; and |
| | |
| |c) 967,673. |
+------------------------+-----------------------------------------+
|Number and class of |15,329,745 Common Shares |
|securities originally | |
|listed and the date of | |
|admission | |
+------------------------+-----------------------------------------+
|Total number of |16,870583 Common Shares |
|securities in issue at | |
|the end of the period | |
+------------------------+-----------------------------------------+
|Name of contact: |Cheryl Beckett |
+------------------------+-----------------------------------------+
|Address of contact: |March Networks Corporation, Tower B, 555 |
| |Legget Drive, Ottawa, Ontario K2K 2X3, |
| |Canada |
+------------------------+-----------------------------------------+
|Telephone number of contact: |001 (613) 591 8228 ext.5716 |
+-------------+----------+---------------+------+------------------+
+-------------+----------+---------------+------+------------------+
SIGNED BY : Cheryl Beckett
Director/company secretary/suitably experienced employee / duly
authorised officer, for and on behalf of March Networks Corporation