SHARE REPURCHASE 22.08.2008


Teleste Corporation          ANNOUNCEMENT          22.08.2008                   



SHARE REPURCHASE 22.08.2008                                                     

Helsinki Stock Exchange                                                         

Trade date                                         22.08.2008                   
Bourse trade                                       PURCHASE                     
Share                                              TLT1V                        
Amount                                             700        shares            
Total cost                                         3 187.00     EUR             
Average price / share                              4.5529       EUR             
Highest price / share                              4.57         EUR             
Lowest price / share                               4.53         EUR             


Teleste Corporation now holds 441 421 shares                                    
including the shares repurchased on 22.08.2008.                                 



On behalf of Teleste Corporation                                                

HANDELSBANKEN CAPITAL MARKETS                                                   

Juha Kolehmainen                   Antti Kässi