Teleste Corporation ANNOUNCEMENT 23.10.2008 SHARE REPURCHASE 23.10.2008 Helsinki Stock Exchange Trade date 23.10.2008 Bourse trade PURCHASE Share TLT1V Amount 8 000 shares Total cost 18 873.28 EUR Average price / share 2.3592 EUR Highest price / share 2.37 EUR Lowest price / share 2.30 EUR Teleste Corporation now holds 550 071 shares including the shares repurchased on 23.10.2008. On behalf of Teleste Corporation HANDELSBANKEN CAPITAL MARKETS Juha Kolehmainen Antti Kässi