Telstra : Update - Notification of buy-back - TLS

Notification of buy-back

Announcement Summary

For personal use only

Name of entity

TELSTRA CORPORATION LIMITED.

Announcement type

Update announcement

Type of update

Daily buy-back notification

Date of this announcement

20/12/2021

Reason for update

Daily buy-back notification

ASX Security code and description of the class of +securities the subject of the buy-back

TLS : ORDINARY FULLY PAID

The type of buy-back is:

On market buy-back

Total number of +securities bought back before previous day

128,864,182

Total number of +securities bought back on previous day

5,613,861

Refer to next page for full details of the announcement

Notification of buy-back

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Notification of buy-back

Part 1 - Entity and announcement details

For personal use only

1.1 Name of entity

TELSTRA CORPORATION LIMITED.

We (the entity named above) provide the following information about our buy-back.

1.2	Registration number type	Registration number
ABN	33051775556
1.3	ASX issuer code
TLS

1.4 The announcement is

Update/amendment to previous announcement

1.4a Type of update

Daily buy-back notification

1.4b Reason for update

Daily buy-back notification

1.4c Date of initial notification of buy-back

12/8/2021

1.4d Date of previous announcement to this update

17/12/2021

1.5 Date of this announcement

20/12/2021

1.6 ASX Security code and description of the class of +securities the subject of the buy-back

TLS : ORDINARY FULLY PAID

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Notification of buy-back

Part 2 - Type of buy-back

2.1 The type of buy-back is: On market buy-back

For personal use only

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Part 3 - Buy-back details

only
Part 3A - Details of +securities, price and reason
	3A.1 Total number of +securities on issue in the class of
	+securities to be bought back
	11,893,297,855
use	3A.4 Does the entity intend to buy back a minimum
number of +securities
	No
	3A.5 Does the entity intend to buy back a maximum
	number of securities
	No
personal	3A.6 Name of broker or brokers who will offer to buy back +securities on the entity's behalf
Broker name:
	Goldman Sachs Australia Pty Ltd
	3A.9 Are the +securities being bought back for a cash consideration?
	Yes
	3A.9a Is the price to be paid for +securities bought back known?
	No
	3A.9a.1 In what currency will the buy-back consideration
	be paid?
	AUD - Australian Dollar
For

Part 3B - Buy-back restrictions and conditions

3B.1 Does the buy-back require security holder approval?

No

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Part 3C - Key dates

only	On-marketbuy-back
	3C.2 Proposed buy-back start date
	17/9/2021
	3C.3 Proposed buy-back end date
use	30/6/2022
personalFor
P rt 3D - Other Information
	3D.1 Any other information the entity wishes to notify to ASX about the buy-back
	Telstra intends to buy back its fully paid ordinary shares of up to approximately $1.35 billion in value (rather than a specific
	number of shares). Telstra will only buy back shares at such time and in such circumstances as are considered beneficial
	to its efficient capital management. It reserves the right to suspend or terminate the buy-back at any time.

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