SHARE REPURCHASE 07.08.2008


Teleste Corporation          ANNOUNCEMENT          07.08.2008



SHARE REPURCHASE 07.08.2008

Helsinki Stock Exchange

Trade date                                         07.08.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             3 100        shares
Total cost                                         14 540.95    EUR
Average price / share                              4.6906       EUR
Highest price / share                              4.77         EUR
Lowest price / share                               4.56         EUR


Teleste Corporation now holds 423 721 shares
including the shares repurchased on 07.08.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi