TELSTRA GROUP LIMITED — Board/Management Information 2009

Sep 27, 2009

==> picture [172 x 54] intentionally omitted <==

28 September 2009

The Manager

Company Announcements Office Australian Securities Exchange 4[th] Floor, 20 Bridge Street SYDNEY NSW 2000

Office of the Company Secretary

Level 41 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA

General Enquiries 08 8308 1721 Facsimile 03 9632 3215

ELECTRONIC LODGEMENT

Dear Sir or Madam

Telstra Group Managing Director Consumer David Moffatt to leave company

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

Regards

==> picture [180 x 73] intentionally omitted <==

Carmel Mulhern Company Secretary

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

---

Telstra Group Managing Director Consumer David Moffatt to leave company

28 September 2009 - Telstra Chief Executive Officer David Thodey today announced Telstra Consumer Group Managing Director David Moffatt had tendered his resignation after almost a decade with the company.

Mr Moffatt will remain in the role for the next six months or until a suitable successor is in place.

Mr Thodey thanked Mr Moffatt for the leadership he has displayed with Telstra and the Australian telecommunications sector more generally.

“I would like to personally thank David for his contribution and unwavering commitment to Telstra and I look forward to working with him as we manage this transition,” Mr Thodey said.

“David has successfully played a major role at Telstra in building a world-leading, fully integrated, consumer retail business. He has been a champion of the development of Telstra’s people, driven our customer-centric business model based on Market Based Management and was the major force behind the creation of our dynamic, consumer retail experience T[life]™.”

Mr Moffatt said with the mass market transformation, and the customer migration in particular, nearing completion, now is the right time for a new generation of leaders to be given the opportunity to take the business into its next phase of growth.

David joined Telstra as CFO and Group Managing Director, Finance and Administration in 2001 and has been in the role of Group Managing Director, Consumer since 2003. He has been a Foxtel Board member since 2001.

==> picture [105 x 49] intentionally omitted <==

www.telstra.com.au/abouttelstra/media