SHARE REPURCHASE 31.07.2008


Teleste Corporation          ANNOUNCEMENT          31.07.2008



SHARE REPURCHASE 31.07.2008

Helsinki Stock Exchange

Trade date                                         31.07.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             4 00         shares
Total cost                                         1 758.96     EUR
Average price / share                              4.3974       EUR
Highest price / share                              4.41         EUR
Lowest price / share                               4.32         EUR


Teleste Corporation now holds 412 921 shares
including the shares repurchased on 31.07.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi