TELSTRA GROUP LIMITED — Board/Management Information 2005

Dec 21, 2005

22 December 2005

The Manager

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

Office of the Company Secretary

Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA

Telephone 03 9634 6400 Facsimile 03 9632 3215

ELECTRONIC LODGEMENT

Dear Sir or Madam

Appointment of Kate McKenzie, Group Managing Director, Telstra Wholesale

In accordance with the listing rules, I attach a copy of an announcement for release to the market.

Yours sincerely

Pont brake

Douglas Gration Company Secretary

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

22 December 2005

Appointment of Kate McKenzie, Group Managing Director, Telstra Wholesale

I am pleased to announce that Kate McKenzie has been appointed Group Managing Director, Telstra Wholesale.

Kate joined the company in August 2004 as head of Telstra Regulatory. In that role she skilfully advocated Telstra's interests at a time of great commercial, regulatory and political volatility. Within a year Kate was promoted to the role of Deputy Group Managing Director, Public Policy & Communication and, in addition to her regulatory portfolio, also assumed responsibility for communications and government relations. Since that time, Kate has assisted me and the senior leadership team navigate a series of complex regulatory matters including operational separation, our desire for investment certainty, and our proposal that that wholesale prices for ULL be set at a standard rate across Australia.

The task of heading Telstra's regulatory group is always challenging. The position requires someone who is willing to play a conspicuous, and sometimes even combative, role in defending the company's interests. Kate always performed this role with distinction. Even though requlators and other industry participants sometimes disagreed with Kate's position, it is clear that they respected her professionalism and integrity.

Kate will join Telstra Wholesale at a critical time. TW is vital to Telstra's overall success. Over the past four years TW has matured into a very successful organisation that is now populated with some of our most talented people. I have challenged Kate to develop the wholesale business so that we will be assured of its continuing prosperity, and to build the capabilities of the wholesale team. Given TW's importance to the business, Kate will report to me and join the senior leadership team when she begins her new role on 16 January 2006.

Prior to joining Telstra, Kate was Director General of the NSW Department of Commerce. She previously held positions as the Director General of the NSW Department of Industrial Relations, General Manager of the WorkCover Authority of NSW, and Deputy Director General of the NSW Cabinet Office. Kate, 44, is married with two children.

Regards Sol Trujillo CEO

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