TELSTRA GROUP LIMITED — Capital/Financing Update 2012

Nov 7, 2012

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8 November 2012

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 announces successful AUD750 million benchmark bond issue

In the course of its debt financing program, Telstra announced today a benchmark AUD750 million issue with a 4.00 per cent coupon and a maturity of 15 November 2017.

Yours faithfully

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Damien Coleman

Company Secretary

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