SHARE REPURCHASE 16.06.2008


Teleste Corporation          ANNOUNCEMENT          16.06.2008



SHARE REPURCHASE 16.06.2008

Helsinki Stock Exchange

Trade date                                         16.06.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             4 200        shares
Total cost                                         21 342.54    EUR
Average price / share                              5.0816       EUR
Highest price / share                              5.09         EUR
Lowest price / share                               5.05         EUR


Teleste Corporation now holds 348 921 shares
including the shares repurchased on 16.06.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi