TELSTRA GROUP LIMITED — Board/Management Information 2006

Feb 8, 2006

9 February 2006

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

Telstra CEO announces new Chief Information Officer (CIO)

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

Media Release

9 February 2006

022/2006

Telstra CEO announces new Chief Information Officer (CIO)

Telstra Chief Executive Officer, Sol Trujillo, today announced the appointment of Fiona Balfour as Telstra's Chief Information Officer (CIO), reporting directly to Chief Operations Officer, Greg Winn.

Ms Balfour joins Telstra in early April after 14 years with Qantas, the last five as Chief Information Officer. In her role as CIO at Oantas, she implemented an extensive program of replacing key legacy systems and introducing new infrastructure through a series of strategic outsourced relationships servicing Qantas's data centre, global and domestic network and desktop environments.

Ms Balfour will be responsible for leading Telstra's centralised IT organisation and core IT programs as well as overseeing the company's Operations Support System (OSS) and Business Support System (BSS) transformational programs over the next 3-5 years.

Ms Balfour has 26 years experience in business and technology. She commenced her career as a graduate recruit in the Victorian Public Service in 1980 before moving to the Commonwealth Government. Between 1985 and 1991 she worked in management consulting with WD Scott and the DMR Group.

Ms Balfour joined Qantas as an IT senior executive in 1992. She held a variety of portfolios before being appointed Chief Information Officer and a member of the Qantas Executive Committee in 2001. Her portfolio was expanded in 2004 with the creation of Oantas Business Services that delivered Information Technology, Procurement, Property, Transport and People services to the Group. Ms Balfour represented Qantas on the Supervisory and Full Boards of SITA SC (Geneva).

Ms Balfour holds a Bachelor of Arts (Honours) from Monash University (1979), a Graduate Diploma in Information Management from the University of New South Wales (1981) and a Master of Business Administration from the Royal Melbourne Institute of Technology (1987).

Mr Vish Padmanabhan has accepted the role of Deputy Chief Information Officer. He joined Telstra in 2004 and prior to this spent 20 years with IBM.

Telstra Media Contact:

Sarah McKinnon Tel: 03 9634 7124 Mbl: 0437 757 261

Telstra's national media inquiry line is 13 16 39 and the Telstra Corporate Communications Centre is located at www.telstra.com.au/abouttelstra/media