Following	a		 review	of	Telstra’s	governance	framework	and	in	light		 of	the	release	of	the	revised	ASX	Corporate	Governance	 Principles	and	Recommendations	(&	Recommendations),	the	Telstra	Board	made	the	decision	to	 adopt	the	Revised	Principles	&	Recommendations	for	the	2008	 financial	year,	ahead	of	the	time	that	they	become	mandatory,	 as	encouraged	by	the	ASX	Corporate	Governance	Council.