SHARE REPURCHASE 19.08.2008


Teleste Corporation          ANNOUNCEMENT          19.08.2008                   



SHARE REPURCHASE 19.08.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         19.08.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             1 200        shares          
Total cost                                         5 500.00     EUR             
Average price / share                              4.5833       EUR             
Highest price / share                              4.69         EUR             
Lowest price / share                               4.50         EUR             


Teleste Corporation now holds 439 321 shares                                    
including the shares repurchased on 19.08.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi