TELSTRA GROUP LIMITED — Board/Management Information 2005

Feb 21, 2005

22 February 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

Bill Scales announces his retirement

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

Yours sincerely

Pour la brake.

Douglas Gration Company Secretary

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

Media Release

Telstra

22 February 2005

066/2005

Bill Scales announces his retirement

Telstra's Group Managing Director, Regulatory, Corporate and Human Relations, and Chief of Staff, Mr Bill Scales, today announced his plans to retire from his position and the Company in approximately six months.

Mr Scales, who joined Telstra in November 2000, said he had enjoyed leading such professional and committed teams and thanked them and his colleagues for their support in his time at Telstra

Telstra Chief Executive Officer, Dr Ziggy Switkowski, said that, over the past four years, Bill Scales had been responsible for the excellent progress in Telstra's human relations efforts, as reflected in the recent Employee Opinion Survey results, led the development of our regulatory strategies at a time of increased competition and regulatory intervention and guided Telstra through many complex corporate and public relations challenges.

"As a member of the leadership team, Bill has been an influential leader within Telstra, has carried a heavy and diverse management load, and could always be relied upon for objective, rational and fearless contributions to our many business debates," he said.

"As Chief of Staff, Bill has ensured the proper efficient functioning of many of the CEO's processes and helped integrate and harmonise strategies across divisions.

"I am very grateful for his friendship, support and contributions during his time at Telstra. And I know I speak for all of us in wishing him and his family well as they prepare for the next phase of his life." Dr Switkowski said.

Telstra Media Contact: Michael Grealy Tel: 02 9298 4621 Mbl: 0419 217 343

Telstra's national media inquiry line is 13 1639 and Media Centre is located at: www.telstra.com.au/communications/media