TELSTRA GROUP LIMITED — Director's Dealing 2015

May 4, 2015

==> picture [101 x 41] intentionally omitted <==

5 May 2015

The Manager

Market 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

Directors’ Interests Notices

In accordance with the listing rules, I enclose an Appendix 3Z – Final Director’s Interest Notice for Mr David Thodey and an Appendix 3X – Initial Director’s Interest Notice for Mr Andrew Penn.

Yours faithfully

==> picture [113 x 40] intentionally omitted <==

Damien Coleman Company Secretary

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

Rule 3.19A.3

Appendix 3Z

Final Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	Telstra Corporation Limited
ABN	33 051 775 556

We (the entity) give ASX the following information under listing rule 3.19A.3 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of director	David Ingle Thodey
Date of last notice	14 November 2014
Date that director ceased to be director	30 April 2015

Part 1 – Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

3,372,048 Performance Rights, subject to pro rata lapsing on retirement and performance conditions and restriction periods (granted under Telstra’s FY13, FY14 and FY15 Long Term Incentive Plans)

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interest Note: Provide details of the circumstances giving rise to the relevant interest Beneficial interest in ordinary shares held by Invia Custodian Pty Limited as trustee for The Thodey Family Trust Beneficial interest in Restricted Shares granted under Telstra’s FY13 and FY14 Short Term Incentive Plans, held by Telstra Growthshare Pty Ltd as trustee for the Telstra Growthshare Trust Beneficial interest in Restricted Shares granted on vesting of performance rights under Telstra’s FY12 Long Term Incentive Plans, held by Telstra Growthshare Pty Ltd as trustee for the Telstra Growthshare Trust	Number & class of securities 3,232,244 Ordinary Shares 211,223 Ordinary Shares, subject to trading restrictions 1,225,272 Ordinary Shares, subject to trading restrictions

Part 3 – Director’s interests in contracts

Detail of contract	NIL
Nature of interest	NIL
Name of registered holder (if issued securities)	NIL
No. and class of securities to which interest relates	NIL

Appendix 3X Initial Director’s Interest Notice

Rule 3.19A.1

Appendix 3X

Initial Director’s Interest Notice

Information or documents not available now must be given to ASX as soon as available. Information and documents given to ASX become ASX’s property and may be made public.

Introduced 30/9/2001.

Name of entity	Telstra Corporation Limited
ABN	33 051 775 556

We (the entity) give ASX the following information under listing rule 3.19A.1 and as agent for the director for the purposes of section 205G of the Corporations Act.

Name of Director	Andrew Richard Penn
Date of appointment	1 May 2015

Part 1 - Director’s relevant interests in securities of which the director is the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part.

Number & class of securities

222,233 Ordinary Shares

1,469,254 Performance Rights, subject to performance conditions and restriction periods (granted under Telstra’s FY13, FY14 and FY15 Long Term Incentive Plans)

• See chapter 19 for defined terms.

Appendix 3X Page 1

02/04/2012

Appendix 3X Initial Director’s Interest Notice

Part 2 – Director’s relevant interests in securities of which the director is not the registered holder

In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust

	Name of holder & nature of interest Beneficial interest in Ordinary Shares held by Mr Bennett Pty Ltd as trustee for the Bennett Super Fund Beneficial interest in Restricted Shares granted under Telstra’s FY13 and FY14 Short Term Incentive Plans, held by Telstra Growthshare Pty Ltd as trustee for the Telstra Growthshare Trust	Number & class of Securities 58,800 Ordinary Shares 113,946 Ordinary Shares, subject to trading restrictions

Part 3 – Director’s interests in contracts

Note: In the case of a company, interests which come within paragraph (ii) of the definition of “notifiable interest of a director” should be disclosed in this part.

Detail of contract	NIL
Nature of interest	NIL
Name of registered holder (if issued securities)	NIL
No. and class of securities to which interest relates	NIL

• See chapter 19 for defined terms.

Appendix 3X Page 2

02/04/2012