SHARE REPURCHASE 29.07.2008


Teleste Corporation          ANNOUNCEMENT          29.07.2008



SHARE REPURCHASE 29.07.2008

Helsinki Stock Exchange

Trade date                                         29.07.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             1 400        shares
Total cost                                         5 888.00     EUR
Average price / share                              4.2057       EUR
Highest price / share                              4.21         EUR
Lowest price / share                               4.20         EUR


Teleste Corporation now holds 411 521 shares
including the shares repurchased on 29.07.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi