Telstra Group Limited · ASX:TLS

Telstra — Merger or Acquisition (December 2005)

11 slides from Telstra's merger presentation, Dec 9, 2005

1. Slide 1: Hong Kong CSL and New World PCS merger analyst presentation

   9 December 2005 The Manager Company Announcements Office Australian Stock Exchange 4" Floor, 20 Bridge Street SYDNEY NSW 2000 ELECTRONIC LODGEMENT Dear Sir or Madam Office of the Company Secretary Level 44 242 Exhibition Street MELBOURNE VIC 3000 AUSTRALIA Telephone 03 3634 6400 Facsimile 03 9632 32

2. Slide 2: Disclaimer

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3. Slide 3: Slide 3

4. Slide 4: Deal Rationale

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5. Slide 5: Slide 5

6. Slide 6: Integration plan - financial overview

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7. Slide 7: Financial impact on Telstra

8. Slide 8: Slide 8

9. Slide 9: Lilie

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10. Slide 10: Completion targeted for March

    ee Completion targeted for 31 March

11. Slide 11: | Ms IS

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