SHARE REPURCHASE 15.08.2008


Teleste Corporation          ANNOUNCEMENT          15.08.2008



SHARE REPURCHASE 15.08.2008

Helsinki Stock Exchange

Trade date                                         15.08.2008
Bourse trade                                       PURCHASE
Share                                              TLT1V
Amount                                             3 000        shares
Total cost                                         13 460.00    EUR
Average price / share                              4.4867       EUR
Highest price / share                              4.49         EUR
Lowest price / share                               4.48         EUR


Teleste Corporation now holds 437 621 shares
including the shares repurchased on 15.08.2008.



On behalf of Teleste Corporation

HANDELSBANKEN CAPITAL MARKETS

Juha Kolehmainen                   Antti Kässi