Telstra – outcomes of capital allocation strategy review

Dear Sir or Madam Telstra announces outcomes of capital allocation strategy review In accordance with the Listing Rules, I attach a copy of a market release, for immediate release to the market. This announcement has been released simultaneously to the New Zealand Stock Exchange. Yours faithfully Damien Coleman Company Secretary End CA:00305685 For:TLS Type:FLLYR Time:2017-08-17 10:41:03