March Networks Corp.: Block listing 6 mthly return | Company Announcements

Monday 10 March, 2008

March Networks Corp.

Block listing 6 mthly return

March Networks Corporation
10 March 2008


10 March 2008

                        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 June 2007    |To:   |8 Dec 2007        |
+-----------------------------+----------+---------------+------+------------------+
|Balance under scheme from previous      |a) 1,500,000 Common Shares to be issued  |
|return:                                 |pursuant to the exercise of options under|
|                                        |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 block scheme has|a) none;                                 |
|been increased, if the scheme has been  |                                         |
|increased since the date of the last    |b) none; and                             |
|return:                                 |                                         |
|                                        |c) none.                                 |
+----------------------------------------+-----------------------------------------+
|Number of securities issued/allotted    |a) 29,393;                               |
|under scheme during period:             |                                         |
|                                        |b) none; and                             |
|                                        |                                         |
|                                        |c) none.                                 |
+----------------------------------------+-----------------------------------------+
|Balance under scheme not yet issued/    |a) 895,179;                              |
|allotted at end of period               |                                         |
|                                        |b) none; and                             |
|                                        |                                         |
|                                        |c) 967,673.                              |
+----------------------------------------+-----------------------------------------+
|Number and class of securities          |15,329,745 Common Shares                 |
|originally listed and the date of       |                                         |
|admission                               |                                         |
+----------------------------------------+-----------------------------------------+
|Total number of securities in issue at  |16,899,976 Common Shares                 |
|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

duly authorised officer, for and on behalf of March Networks Corporation



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