TELSTRA GROUP LIMITED — Board/Management Information 2005

Jul 31, 2005

1 August 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

Mr John Ralph and Mr Tony Clark announce their retirement from the Telstra Board effective 11 August.

Mr John Ralph AC and Mr Tony Clark AM have advised that they will be retiring from the Telstra Board effective at the conclusion of the Board meeting on 11 August 2005. Mr Ralph has served as Deputy Chairman since his appointment to the Board in 1996 and as interim Chairman from April to July 2004. Mr Clark was also appointed to the Board in 1996, and has served as a member of the Board Audit Committee for 8 years.

Telstra Chairman Mr Donald McGauchie AO thanked both Mr Ralph and Mr Clark for their service to the company and wished them well, saying:

"It has been a pleasure to serve alongside John Ralph and Tony Clark on the Telstra Board. Their experience and judgement have enabled them to make valuable contributions to Telstra's transition from a wholly owned Government entity in 1996 to the commercial and competitive listed company that Telstra is today."

A search for new directors has been initiated by the Board and is currently underway.

Yours sincerelu

North brake

Douglas Gration Company Secretary

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