TELSTRA GROUP LIMITED — Annual Report 2005

Aug 10, 2005

11 August 2005

Office of the Company Secretary

Company Announcements Office Australian Stock Exchange 4^th Floor, 20 Bridge Street SYDNEY NSW 2000

Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA

Telephone 03 9634 6400 Facsimile 03 9632 3215

ELECTRONIC LODGEMENT

Dear Sir or Madam

Full Year 2005 Results - Analyst briefing

In accordance with the listing rules, I enclose an announcement for release to the market.

Pont book

Douglas Gration Company Secretary

Telstra Corporation Limited ACN 051 775 556 ABN 33 051 775 556

Reported Results
(\$ billions except EPS & DPS)	e de la provincia de la provincia de la provincia de la provincia de la provincia de la provincia de la provi		W. A
Sales Revenue	207	フラフ	69	ministr
83 II	$-260$	741	89	MANUFACTURER
$\sum_{i=1}^{n}$	$\mathcal{L} \subset \mathcal{L}$	4 le	80	mmmmm
ENGTIS		324 X 1035.5 PERMITTER AND IN	583
Ordinary DPS (cents)	26.0	-28.0	77
Friderich Flo w		442 444 ZAMPZAMINININI	193
Growth in EPS & DPS	.	$\frac{1}{2}$ 1.

	Underlying Results - Half Year Trends
	(\$ billions except Margin & EPS)	i taun	$\mathcal{H}$		96 2		$\mathcal{H} \subset \mathcal{H}$
Sales Revenue		510	A. H.	ាព ក	27	$\mathcal{L}_{1}$	$\mathcal{R} \subset \mathcal{R}$
	Domestic Sales Revenue	TOPA	45	e alia	2. lo	MULLER	್ ಕ್ರ
	Operating Expenses	S.	38	S	k, J	11.1	4.4
EBIDA			43	MARINA	1.1	MAIORS	29
	EBITDA Margin (%)	50.1	(0,2)	486	(0.6)	694	(0,6)
田圃			59	Martin C o	(0,2)	MILESSE	30
ΡAΤ		23	發露	20	0.2	ma A	A. G.
ES (CANS)		T. R. W		11.4 165	17	LCA	67
	Domestic Operating Capex	1.8	33	16	O.A	$\mathbb{R}^n$	16.
	Free Confident Committee		20		$(\hat{v},1)$		à.
	Slower 2H operational performance