Optus announced today important changes to its senior management team.

After four years at Optus in the roles of Managing Director, Mobile and Managing Director, Consumer, Mr Allen Lew will return to Singapore by early 2006 to take up the newly created role of CEO, Singapore, reporting to Group President and CEO Mr Lee Hsien Yang.

Mr Warren Hardy will assume the role of Acting Managing Director, Consumer, while Optus conducts an external and internal search for a permanent replacement, with an announcement expected in early 2006.

Mr Pat O'Sullivan has tendered his resignation after three and a half years as Chief Financial Officer of Optus, to allow him to take up a senior opportunity with a leading Australian corporate.

Ms Jeann Low, who is presently SingTel Executive Vice President Strategic Investments, will become Chief Financial Officer of Optus in early 2006. Jeann has worked at Optus previously, serving as Acting CFO for several months in 2002; she has also been Group Financial Controller of SingTel.

These changes are coordinated with several other changes within the SingTel Group. Please refer to the copy of SingTel's announcement attached.

"Allen Lew and Pat O'Sullivan are leaving to take the next steps in their careers – naturally we are pleased for them as colleagues and will watch their advancement with pride," Mr Paul O'Sullivan, Optus Chief Executive said.

"Both leave with our best wishes and gratitude for all they have done in their time at Optus.

"However, these changes allow us to refresh our senior leadership team as Optus positions itself to capture the opportunities of the future. In particular, we are delighted to welcome Jeann Low back to Optus," Mr O'Sullivan said.

Media contact:
Melissa Favero
Optus Corporate Affairs
Phone: +61 2 9342 5030