TELSTRA GROUP LIMITED — Board/Management Information 2005

Dec 5, 2005

6 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

Retirement of Doug Campbell, Group Managing Director, Telstra Country Wide

In accordance with the listing rules, I attach a copy an announcement to be made today by the Chief Executive Officer, Sol Trujillo, for release to the market.

Yours sincerely

North brake

Douglas Gration Company Secretary

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

6 December 2005

Retirement of Doug Campbell, Group Managing Director, Telstra Country Wide

Dear colleagues

I am writing to tell you that our colleggue. Doug Campbell, has decided to retire later this month from his position as Group Managing Director, Telstra CountryWide.

With over 48 years experience in the telecommunications industry, both in Australia and Canada. Doua is one of our most experienced executives. Durina his time with Telstra, and its predecessors Telecom Australia and the Overseas Telecommunications Corporation. Doug has served in multiple senior positions. At different times he has been Group Managing Director for the company's wholesale, international, carrier services, network and technology, and consumer and commercial business units.

Doug is perhaps best known, however, for his leadership of Telstra CountryWide since 2000. Doug not only built a commercially successful business serving our valued customers in rural and regional Australia, but he also built durable and long-standing alliances with regional communities and organisations across Australia.

In addition to his business unit responsibilities, Doug has been a valued member of the Telstra leadership group for many years. Doug has shaped the business over many years, and continued to play an influential role this year as part of our strategic review. His contribution to the leadership group will be greatly missed.

Given his broad and deep knowledge of the business, I am very pleased to announce that Doug has accepted my invitation to continue his long association with Telstra. Doug has agreed to serve in the role of Executive Advisor to the CEO. This job will include, but not be limited to, special responsibility for developing our business in rural Australia, representing Telstra's interests to rural constituencies, and assisting us as rural customers upgrade their mobile phone services from CDMA to 3G. In addition, Doug has agreed to serve on the TCW Advisory Board. I look forward to Doug's continuing contribution to Telstra in his new capacity.

On behalf of Doug's many colleagues and friends throughout Australia, I sincerely thank him for his contribution to Telstra and its predecessors, the telecommunications industry, and this nation. We also thank Doug's family for supporting him during a demanding career.

Although Doug's departure from TCW will be a loss for the company, it does not signal any major changes to the highly successful Telstra CountryWide model the company has adopted in 2000. TCW will continue play a critical role in our ability provide services to regional, rural and remote Australia.

In the coming weeks I will outline plans for the leadership of the business unit.

Regards Sol Trujillo

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